Housing in Harper Woods, MI (48225) has a median value of $138,200 which is much lower than the US house median value of $338,100. The rate of appreciation in Harper Woods within the last year was 4.30%, compared to the national rate of 8.27%. This suggests that the appreciation rate of housing in Harper Woods is more moderate than other areas across the country. Despite this, Harper Woods remains an attractive option for home buyers looking for a stable market with slightly lower values.
The median home cost in Harper Woods (zip 48225) is $138,200. Home appreciation the last 10 years has been 130.9%. Home Appreciation in Harper Woods (zip 48225) is up 9.7%.
Average Age of Homes
- The median age of Harper Woods (zip 48225) real estate is 63 years old
The Rental Market in Harper Woods (zip 48225)
- Renters make up 31.7% of the Harper Woods (zip 48225) population
- 0.3% of houses and apartments in Harper Woods (zip 48225), 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.