The housing market in Wolverine Lake, MI is a great choice for those looking to invest. The median value of houses in the area is currently $260,100, which is much lower than the US median value of $338,100. Despite this, house appreciation in Wolverine Lake, MI has been impressive over the past year at 8.00%, which is only slightly below the national average of 8.27%. Investing in real estate in Wolverine Lake, MI can be a profitable and rewarding experience for those willing to take the risk.
The median home cost in Wolverine Lake is $260,100. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Wolverine Lake is up 11.2%.
Average Age of Homes
- The median age of Wolverine Lake real estate is 47 years old
The Rental Market in Wolverine Lake
- Renters make up 16.9% of the Wolverine Lake population
- 0.0% of houses and apartments in Wolverine 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.