Cement City, MI (49233) is a small town located in Lenawee County with a population of 1,839. The median value for housing in Cement City is $239,700 which is slightly lower than the median value for houses across the US at $338,100. However, the appreciation rate for housing in Cement City over the past year has been higher than the national average at 9.09% compared to 8.27%. This suggests that real estate values are increasing in this area and could be a good place to invest in housing.
The median home cost in Cement City (zip 49233) is $239,700. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Cement City (zip 49233) is up 16.2%.
Average Age of Homes
- The median age of Cement City (zip 49233) real estate is 39 years old
The Rental Market in Cement City (zip 49233)
- Renters make up 11.3% of the Cement City (zip 49233) population
- 0.0% of houses and apartments in Cement City (zip 49233), 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.