The housing market in Waverly township (Cheboygan County), MI is booming. The median value of homes in Waverly is $148,600, which is much lower than the US median house value of $338,100. Despite this lower cost of entry, the one-year appreciation rate in Waverly township is significantly higher than the US average at 16.52%. This substantial increase in property values demonstrates that homes in Waverly are a great investment and could be an ideal place to buy for those looking for a new home.
The median home cost in Waverly township (Cheboygan County) is $148,600. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Waverly township (Cheboygan County) is up 21.4%.
Average Age of Homes
- The median age of Waverly township (Cheboygan County) real estate is 50 years old
The Rental Market in Waverly township (Cheboygan County)
- Renters make up 3.8% of the Waverly township (Cheboygan County) population
- 1.4% of houses and apartments in Waverly township (Cheboygan County), 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.