The housing market in Lachine, MI (49753) is currently thriving. The median value of homes in the area is $158,200 which is far below the US median home value of $338,100. Despite this difference, the one year appreciation rate for homes in Lachine is 16.52%, which is more than double the 8.27% national average of all USA homes. This indicates that the housing market in Lachine is performing very well and that those looking to buy or sell a home can benefit from these strong local trends.
The median home cost in Lachine (zip 49753) is $158,200. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Lachine (zip 49753) is up 21.4%.
Average Age of Homes
- The median age of Lachine (zip 49753) real estate is 42 years old
The Rental Market in Lachine (zip 49753)
- Renters make up 6.0% of the Lachine (zip 49753) population
- 0.6% of houses and apartments in Lachine (zip 49753), 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.