Wheeler, MI has an affordable housing market compared to the US average. The median value for houses in Wheeler is $133,900 while the US median house value is almost three times that amount at $338,100. Over the last year, the US house appreciation rate was 8.27%, while in Wheeler, the appreciation rate was slightly higher at 9.86%. This makes housing in Wheeler a great option for those looking for an affordable property with strong potential for growth.
The median home cost in Wheeler is $133,900. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Wheeler is up 15.7%.
Average Age of Homes
- The median age of Wheeler real estate is 57 years old
The Rental Market in Wheeler
- Renters make up 18.2% of the Wheeler population
- 1.0% of houses and apartments in Wheeler, 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.