The housing market in Tustin, MI is performing extremely well compared to the rest of the nation. The median house value in Tustin is $167,600, which is significantly less than the US median value of $338,100. It has also seen a one year appreciation rate of 15.49%, which is more than double the national average of 8.27%. This means that home values are increasing at a much faster rate in Tustin than the rest of the country. As a result, it can be concluded that Tustin is an attractive location for those looking to invest or buy a new home.
The median home cost in Tustin is $167,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Tustin is up 19.8%.
Average Age of Homes
- The median age of Tustin real estate is 66 years old
The Rental Market in Tustin
- Renters make up 14.0% of the Tustin population
- 0.0% of houses and apartments in Tustin, 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.