The housing market in Arenac, MI County is thriving, with a median value of $116,200 compared to the US house median of $338,100. Homeowners have seen an impressive appreciation rate of 10.68% in the past year, which greatly exceeds the US 1 year house appreciation rate of 8.27%. This is great news for those looking to buy or sell a home in Arenac, MI County as there are currently strong returns on investment for homeowners.
The median home cost in Arenac County is $116,200. Home appreciation the last 10 years has been 79.2%. Home Appreciation in Arenac County is up 15.4%.
Average Age of Homes
- The median age of Arenac County real estate is 41 years old
The Rental Market in Arenac County
- Renters make up 10.8% of the Arenac County population
- 0.4% of houses and apartments in Arenac 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.