Kaleva, MI is a small town located in Manistee County with a population of just over 800. This small community has seen an increase in housing values over the past year, reaching a median value of $168,100, which is significantly lower than the national median value of $338,100. In terms of appreciation rate, Kaleva’s housing market has grown at 15.49% over the past year compared to the US rate of 8.27%. This rapid growth is due to the increasing popularity of living in Kaleva due to its proximity to lakes and forests, making it an ideal destination for many looking for a rural escape.
The median home cost in Kaleva (zip 49645) is $168,100. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Kaleva (zip 49645) is up 19.8%.
Average Age of Homes
- The median age of Kaleva (zip 49645) real estate is 48 years old
The Rental Market in Kaleva (zip 49645)
- Renters make up 8.1% of the Kaleva (zip 49645) population
- 0.6% of houses and apartments in Kaleva (zip 49645), 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.