The housing market in Temperance, MI is thriving. The median value of houses in the city is $228,800, which is significantly lower than the US median value of $338,100. Despite this difference, the one year appreciation rate in Temperance is 8.47%, slightly higher than the national rate of 8.27%. This shows that there is a healthy market in Temperance and that it should continue to grow in the coming years.
The median home cost in Temperance is $228,800. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Temperance is up 13.1%.
Average Age of Homes
- The median age of Temperance real estate is 42 years old
The Rental Market in Temperance
- Renters make up 15.3% of the Temperance population
- 0.0% of houses and apartments in Temperance, 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.