Linwood, MI is a great place to invest in real estate. According to recent statistics, the median value of housing in Linwood is $150,800 which is significantly lower than the national median value of $338,100. This presents an opportunity for potential buyers to purchase a home at a more affordable price compared to other parts of the country. Furthermore, in the last year the appreciation rate for housing in Linwood was 9.86%, nearly 1% higher than the national rate of 8.27%. These figures suggest that investing in a property in Linwood would be a smart decision as it is likely to increase in value over time.
The median home cost in Linwood (zip 48634) is $150,800. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Linwood (zip 48634) is up 15.7%.
Average Age of Homes
- The median age of Linwood (zip 48634) real estate is 51 years old
The Rental Market in Linwood (zip 48634)
- Renters make up 10.9% of the Linwood (zip 48634) population
- 0.0% of houses and apartments in Linwood (zip 48634), 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.