Lawton, MI is an excellent place to invest in housing. With a median value of $225,300, the housing market in Lawton is well below the national median of $338,100. In addition, over the past year, Lawton has seen a 10.54% increase in house appreciation - significantly higher than the national rate of 8.27%. This makes Lawton an ideal location for those looking to invest in real estate. With its low cost and high return potential, this small town offers a great opportunity for savvy investors looking to capitalize on a growing market.
The median home cost in Lawton (zip 49065) is $225,300. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Lawton (zip 49065) is up 14.9%.
Average Age of Homes
- The median age of Lawton (zip 49065) real estate is 42 years old
The Rental Market in Lawton (zip 49065)
- Renters make up 16.5% of the Lawton (zip 49065) population
- 0.5% of houses and apartments in Lawton (zip 49065), 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.