Allen, MI is a great place to invest in real estate. According to housing market data, the median value for homes in Allen is currently $197,900, which is significantly lower than the US median value of $338,100. Moreover, the appreciation rate of houses in Allen is higher than the national average at 9.09%, compared to 8.27%. This means that investing in property in Allen will yield a greater return over time than elsewhere in the country. If you're looking for an affordable place to buy a home with good potential returns on investment, Allen is definitely worth considering.
The median home cost in Allen (zip 49227) is $197,900. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Allen (zip 49227) is up 16.2%.
Average Age of Homes
- The median age of Allen (zip 49227) real estate is 61 years old
The Rental Market in Allen (zip 49227)
- Renters make up 17.6% of the Allen (zip 49227) population
- 0.0% of houses and apartments in Allen (zip 49227), 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.