Thetford, MI is a great place to live and own a home due to its affordable housing market. The median value for housing in Thetford is $174,900, which is much lower than the national median of $338,100. This presents an opportunity for those looking to purchase a home in the market. In addition to the affordability, Thetford also saw a 1 year house appreciation of 6.58%, which is slightly lower than the national average of 8.27%. Overall, Thetford offers an attractive option for potential homeowners looking for an affordable yet appreciative housing market.
The median home cost in Thetford is $174,900. Home appreciation the last 10 years has been 116.3%. Home Appreciation in Thetford is up 12.9%.
Average Age of Homes
- The median age of Thetford real estate is 45 years old
The Rental Market in Thetford
- Renters make up 13.8% of the Thetford population
- 1.0% of houses and apartments in Thetford, 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.