Muskegon, MI County has seen a significant appreciation in the value of its housing in the past year. The median value of housing in Muskegon County is currently $203,900, which is less than the national median of $338,100. However, Muskegon County's housing appreciation rate over the last year was 12.55%, which is higher than the national rate of 8.27%. Therefore, it can be said that Muskegon County is an attractive market for potential home buyers and investrors looking for a good return on their investments.
The median home cost in Muskegon County is $203,900. Home appreciation the last 10 years has been 124.6%. Home Appreciation in Muskegon County is up 16.5%.
Average Age of Homes
- The median age of Muskegon County real estate is 51 years old
The Rental Market in Muskegon County
- Renters make up 22.4% of the Muskegon County population
- 1.4% of houses and apartments in Muskegon 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.