The housing market in Vandercook Lake, MI is thriving. The median value of homes in the area is $121,600, which is significantly lower than the US House Median Value of $338,100. Despite the lower cost of living, home values have still appreciated by 9.09% over the past year, which is slightly higher than the national average appreciation rate of 8.27%. This suggests that Vandercook Lake has a robust and stable housing market despite its relative affordability.
The median home cost in Vandercook Lake is $121,600. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Vandercook Lake is up 16.2%.
Average Age of Homes
- The median age of Vandercook Lake real estate is 60 years old
The Rental Market in Vandercook Lake
- Renters make up 15.9% of the Vandercook Lake population
- 3.3% of houses and apartments in Vandercook Lake, 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.