The housing market in Chippewa, MI County is doing very well. The median value of homes in the county is $142,200, which is significantly lower than the US median value of $338,100. However, this lower price does not mean that people are missing out on gains; over the last year, the house appreciation rate in Chippewa has been 9.86%, higher than the US average of 8.27%. This indicates a very healthy housing market and suggests that prices will continue to climb in the future.
The median home cost in Chippewa County is $142,200. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Chippewa County is up 21.4%.
Average Age of Homes
- The median age of Chippewa County real estate is 43 years old
The Rental Market in Chippewa County
- Renters make up 20.1% of the Chippewa County population
- 1.1% of houses and apartments in Chippewa 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.