Vergennes, MI is an attractive place to live due to its excellent housing market. The median value of homes in Vergennes is 414,900, which is significantly higher than the US house median value of 338,100. In addition, over the past year the appreciation rate of homes in Vergennes has been 12.53%, much higher than the national average of 8.27%. This indicates that investing in a home in Vergennes can be a smart choice for those looking for a solid financial investment.
The median home cost in Vergennes is $414,900. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Vergennes is up 16.2%.
Average Age of Homes
- The median age of Vergennes real estate is 26 years old
The Rental Market in Vergennes
- Renters make up 5.9% of the Vergennes population
- 0.0% of houses and apartments in Vergennes, 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.