The housing market in Sweetwater, MI is thriving. The median value of a house currently stands at around $203,800 which is significantly lower than the US median value of $338,100. Despite this difference in price, the appreciation rate for houses in Sweetwater has been much higher over the past year at 13.38% compared to the US rate of 8.27%. This indicates that the housing market in Sweetwater is a good investment and has a bright future ahead.
The median home cost in Sweetwater is $203,800. Home appreciation the last 10 years has been 123.8%. Home Appreciation in Sweetwater is up 16.4%.
Average Age of Homes
- The median age of Sweetwater real estate is 38 years old
The Rental Market in Sweetwater
- Renters make up 2.0% of the Sweetwater population
- 0.0% of houses and apartments in Sweetwater, 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.