The housing market in 48870 Palo, MI is thriving. The median value of houses in the area is $101,000 according to recent estimates, considerably lower than the US median of $338,100. Additionally, house appreciation in the area has been 8.98% over the last year, higher than the US average of 8.27%. With such an affordable price point and increasing property values, now is a good time to invest in housing in 48870 Palo, MI.
The median home cost in Palo (zip 48870) is $101,000. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Palo (zip 48870) is up 12.2%.
Average Age of Homes
- The median age of Palo (zip 48870) real estate is 78 years old
The Rental Market in Palo (zip 48870)
- Renters make up 0.0% of the Palo (zip 48870) population
- 0.0% of houses and apartments in Palo (zip 48870), 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.