Woodbridge is a city located in Michigan, and according to the median value of housing, it is much less expensive than the US house median value. The current median value of a home in Woodbridge is $184,000, whereas the US house median value is at $338,100. Additionally, over the past year, the appreciation rate for homes in Woodbridge has been higher than that of the national average. Specifically, houses have appreciated by 9.09% in Woodbridge compared to 8.27% nationally. This makes Woodbridge an attractive spot for those looking to buy homes while taking advantage of lower prices and higher appreciation rates.
The median home cost in Woodbridge is $184,000. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Woodbridge is up 16.2%.
Average Age of Homes
- The median age of Woodbridge real estate is 72 years old
The Rental Market in Woodbridge
- Renters make up 19.6% of the Woodbridge population
- 0.0% of houses and apartments in Woodbridge, 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.