Lenawee County, Michigan is a great place to invest in real estate. The median value of houses in Lenawee County is $200,800, much lower than the US median housing value of $338,100. Despite this lower cost, Lenawee County offers a competitive rate of appreciation when compared to the US as a whole – 8.47% over the past year versus 8.27%. Investing in housing in Lenawee County is an excellent opportunity and could yield great returns for those looking for a great deal on real estate.
The median home cost in Lenawee County is $200,800. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Lenawee County is up 16.2%.
Average Age of Homes
- The median age of Lenawee County real estate is 50 years old
The Rental Market in Lenawee County
- Renters make up 19.8% of the Lenawee County population
- 0.8% of houses and apartments in Lenawee 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.