Ralph, MI is a city situated in the Upper Peninsula of Michigan. The housing median value in Ralph, MI is $139,500, which is significantly lower than the US House Median Value of $338,100. However, over the last year, the appreciation rate for homes in Ralph has been 12.90%, which is higher than the US average of 8.27%. This indicates that housing prices are increasing at a strong rate and that real estate investments may be a good decision in Ralph.
The median home cost in Ralph (zip 49877) is $139,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Ralph (zip 49877) is up 23.1%.
Average Age of Homes
- The median age of Ralph (zip 49877) real estate is 56 years old
The Rental Market in Ralph (zip 49877)
- Renters make up 1.4% of the Ralph (zip 49877) population
- 0.0% of houses and apartments in Ralph (zip 49877), 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.