The housing in Montmorency, MI County is quite affordable compared to the national average, with a median value of $125,600. While this is lower than the US House Median Value of $338,100, the county has seen a very healthy rate of appreciation in the past year at 12.54%, significantly higher than the US 1 year House Appreciation rate of 8.27%. This indicates that Montmorency's housing market is a great investment opportunity and offers plenty of potential for growth in the future.
The median home cost in Montmorency County is $125,600. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Montmorency County is up 21.4%.
Average Age of Homes
- The median age of Montmorency County real estate is 43 years old
The Rental Market in Montmorency County
- Renters make up 5.2% of the Montmorency County population
- 0.0% of houses and apartments in Montmorency 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.