The housing market in Tawas, MI is thriving. The median value of homes in Tawas is $163,800, which is much lower than the US house median value of $338,100. The appreciation rate in Tawas is also higher than the national average - 9.81% compared with 8.27%. This means that homeowners in Tawas are likely to see more of an increase in value on their homes compared to other parts of the country. With a lower median home value and higher appreciation rates, this makes Tawas an attractive option for potential homeowners looking for a great investment opportunity.
The median home cost in Tawas is $163,800. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Tawas is up 14.8%.
Average Age of Homes
- The median age of Tawas real estate is 40 years old
The Rental Market in Tawas
- Renters make up 8.7% of the Tawas population
- 0.0% of houses and apartments in Tawas, 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.