The housing market in Yale, MI is very strong with the median value of homes being around $203,200. This is significantly lower than the US median house value of $338,100. Although the one-year appreciation rate in Yale, MI is slightly lower than the national average at 7.58%, it remains a positive sign for homeowners and potential buyers looking to invest in the area.
The median home cost in Yale is $203,200. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Yale is up 10.8%.
Average Age of Homes
- The median age of Yale real estate is 66 years old
The Rental Market in Yale
- Renters make up 28.8% of the Yale population
- 2.0% of houses and apartments in Yale, 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.