Summerfield township (Monroe County), MI has an impressive median housing value of $276,900. This is significantly lower than the national median value of $338,100. Despite this difference in values, Summerfield township has seen a higher appreciation rate in its housing market over the last year with a 9.08% growth compared to the US's 8.27%. This provides an attractive opportunity for buyers looking for a home in Michigan as they can benefit from lower values and higher appreciation rates than other parts of the country.
The median home cost in Summerfield township (Monroe County) is $276,900. Home appreciation the last 10 years has been 106.3%. Home Appreciation in Summerfield township (Monroe County) is up 16.1%.
Average Age of Homes
- The median age of Summerfield township (Monroe County) real estate is 52 years old
The Rental Market in Summerfield township (Monroe County)
- Renters make up 10.1% of the Summerfield township (Monroe County) population
- 0.0% of houses and apartments in Summerfield township (Monroe County), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.