The housing in Presque Isle, MI County is quite affordable compared to the US median housing value. The median housing value in Presque Isle, MI County is $152,600, while the US median housing value is $338,100. Furthermore, the house appreciation rate in Presque Isle, MI County over the past year has been 9.86%, higher than the national average of 8.27%. This indicates that investments made in housing within this county may appreciate faster than other areas of the country.
The median home cost in Presque Isle County is $152,600. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Presque Isle County is up 21.4%.
Average Age of Homes
- The median age of Presque Isle County real estate is 46 years old
The Rental Market in Presque Isle County
- Renters make up 7.5% of the Presque Isle County population
- 1.0% of houses and apartments in Presque Isle 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.