Housing in Marenisco, MI is very affordable compared to the national average. The median value of a home in Marenisco is $155,000, which is significantly lower than the US median value of $338,100. On top of that, the appreciation rate for homes over the last year was 12.24%, significantly higher than the US 1 year appreciation rate of 8.27%. This means that Marenisco is an excellent choice for someone looking to buy a house since it offers affordability and potential growth in their investment.
The median home cost in Marenisco (zip 49947) is $155,000. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Marenisco (zip 49947) is up 18.2%.
Average Age of Homes
- The median age of Marenisco (zip 49947) real estate is 35 years old
The Rental Market in Marenisco (zip 49947)
- Renters make up 1.7% of the Marenisco (zip 49947) population
- 0.0% of houses and apartments in Marenisco (zip 49947), 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.