Gogebic, MI County has an impressive housing market with a median value of $93,600 which is significantly lower than the US House Median Value of $338,100. What makes this even more remarkable is that in the last year alone, house appreciation in Gogebic County was 15.49% while the US saw an appreciation of 8.27%. This means that houses in Gogebic are appreciating at nearly double the rate compared to homes across the nation!
The median home cost in Gogebic County is $93,600. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Gogebic County is up 18.2%.
Average Age of Homes
- The median age of Gogebic County real estate is 62 years old
The Rental Market in Gogebic County
- Renters make up 15.3% of the Gogebic County population
- 1.6% of houses and apartments in Gogebic 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.