The housing market in Taymouth, MI is quite stable with a median value of $196,800. This value is much lower than the national median of $338,100 and the one year appreciation rate for homes in the area is 6.41%, slightly lower than the national rate of 8.27%. Despite lower home values, Taymouth is still a great place to buy or invest in real estate due to its relatively stable market and low appreciation rate.
The median home cost in Taymouth is $196,800. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Taymouth is up 12.8%.
Average Age of Homes
- The median age of Taymouth real estate is 45 years old
The Rental Market in Taymouth
- Renters make up 6.1% of the Taymouth population
- 3.6% of houses and apartments in Taymouth, 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.