The housing market in Midland, MI Metro Area is thriving, with the median value of homes at $192,400 and a house appreciation rate of 15.49%. This is well above the US median value of $338,100 and its house appreciation rate of 8.27%, indicating that this area is growing rapidly. The local market offers an array of options for potential buyers and sellers alike. Whether looking for a starter home or a luxury property, Midland is sure to have something for everyone. With its high median value and strong appreciation rate, investing in the Midland housing market can be a smart move for those looking to make the most of their investments.
The median home cost in Midland Metro Area is $192,400. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Midland Metro Area is up 15.7%.
Average Age of Homes
- The median age of Midland Metro Area real estate is 43 years old
The Rental Market in Midland Metro Area
- Renters make up 23.2% of the Midland Metro Area population
- 0.7% of houses and apartments in Midland Metro Area, 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.