Wales, MI is a small community located in Michigan. The median housing value in Wales is $283,000, which is lower than the national median value of $338,100. In the past year alone, the housing in Wales has appreciated by 7.58%, which is slightly lower than the US average of 8.27%. Despite this lower rate of appreciation, the housing market in Wales remains strong and accessible for potential homebuyers. With its close proximity to larger cities and its affordable prices, Welsh housing provides an attractive option for those looking to purchase a home.
The median home cost in Wales is $283,000. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Wales is up 10.8%.
Average Age of Homes
- The median age of Wales real estate is 34 years old
The Rental Market in Wales
- Renters make up 11.5% of the Wales population
- 0.0% of houses and apartments in Wales, 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.