Gratiot County, MI Housing

Gratiot, MI County is a great place to invest in housing. The median house value is $133,200, which is significantly lower than the US median house value of $338,100. Over the past year, house prices in the county have appreciated by 9.08%, almost 1% more than the US average of 8.27%. With such a high rate of appreciation in Gratiot County, it is definitely worth looking into as a potential place to buy or invest in housing.

The median home cost in Gratiot County is $133,200. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Gratiot County is up 12.6%.

Average Age of Homes

- The median age of Gratiot County real estate is 53 years old

The Rental Market in Gratiot County

- Renters make up 23.2% of the Gratiot County population
- 0.7% of houses and apartments in Gratiot 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gratiot, Michigan	United States
	16,057.0	139,647,020.0
	57	42
	$133,200	$338,100
	12.6%	16.6%
	50.9%	57.0%
	93.9%	101.1%
	$14.10	$10.98
	$1,490	$2,690
	71.3%	57.4%
	7.5%	11.2%
	21.3%	31.4%
Vacant Housing
	0.7%	1.9%
	0.5%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	1.7%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	6.4%	2.4%
	7.9%	2.8%
	13.6%	3.9%
	15.8%	4.5%
	20.1%	11.3%
	14.8%	13.0%
	11.0%	20.1%
	3.5%	13.6%
	1.0%	8.3%
	1.5%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	11.8%	13.6%
	9.2%	13.2%
	13.0%	14.8%
	11.8%	13.6%
	13.6%	10.0%
	8.7%	4.7%
	22.6%	12.2%

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