Luce County, MI Housing

The housing in Luce, MI County is very affordable with a median value of $90,000. This is significantly less than the US median house value of $338,100. Over the last year, US house appreciation has been 8.27%, while in Luce County it has been 16.52%. This means that homes in Luce are appreciating at a much higher rate than the national average, making it an attractive place to invest in real estate as well as live.

The median home cost in Luce County is $90,000. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Luce County is up 23.1%.

Average Age of Homes

- The median age of Luce County real estate is 42 years old

The Rental Market in Luce County

- Renters make up 14.0% of the Luce County population
- 0.4% of houses and apartments in Luce 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	Luce, Michigan	United States
	4,070.0	139,647,020.0
	45	42
	$90,000	$338,100
	23.1%	16.6%
	60.1%	57.0%
	71.4%	101.1%
	$11.31	$10.98
	$1,001	$2,690
	40.5%	57.4%
	47.7%	11.2%
	11.8%	31.4%
Vacant Housing
	0.4%	1.9%
	0.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	39.4%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	12.6%	2.4%
	11.2%	2.8%
	14.7%	3.9%
	14.0%	4.5%
	16.5%	11.3%
	10.3%	13.0%
	11.7%	20.1%
	2.2%	13.6%
	0.5%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.2%	13.6%
	12.2%	13.6%
	15.7%	13.6%
	12.7%	13.2%
	18.0%	14.8%
	15.7%	13.6%
	8.0%	10.0%
	4.9%	4.7%
	13.5%	12.2%

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