The housing market in Tecumseh, MI is performing well above the national average. The median value of homes in the area is $226,100, which is significantly lower than the national median of $338,100. Additionally, the one year appreciation rate for Tecumseh homes is 9.09%, compared to 8.27% nationwide. This suggests that local home values are increasing more quickly than those across the United States as a whole.
The median home cost in Tecumseh is $226,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Tecumseh is up 16.2%.
Average Age of Homes
- The median age of Tecumseh real estate is 50 years old
The Rental Market in Tecumseh
- Renters make up 31.8% of the Tecumseh population
- 0.6% of houses and apartments in Tecumseh, 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.