The housing in Menominee, MI County is relatively affordable when compared to the national average for housing median value. The median value of homes in Menominee, MI County is $134,900 while the US House Median Value is $338,100. Additionally, the house appreciation rate over the last year in Menominee, MI County has been 9.86%, which is slightly higher than the US 1 year House Appreciation rate of 8.27%. With its low housing prices and greater appreciation rate, Menominee, MI County presents a great opportunity for home buyers looking for an affordable place to live.
The median home cost in Menominee County is $134,900. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Menominee County is up 23.1%.
Average Age of Homes
- The median age of Menominee County real estate is 51 years old
The Rental Market in Menominee County
- Renters make up 14.4% of the Menominee County population
- 0.5% of houses and apartments in Menominee 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.