The housing market in Somerset Center, MI (49282) is a great investment opportunity. The median value of homes in the area is $207,600, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate for this area has been 9.09%, one percent higher than the national average of 8.27%. This makes buying a home in Somerset Center an attractive option for potential buyers looking to invest in property and capitalize on recent growth trends.
The median home cost in Somerset Center (zip 49282) is $207,600. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Somerset Center (zip 49282) is up 16.2%.
Average Age of Homes
- The median age of Somerset Center (zip 49282) real estate is 43 years old
The Rental Market in Somerset Center (zip 49282)
- Renters make up 21.7% of the Somerset Center (zip 49282) population
- 0.0% of houses and apartments in Somerset Center (zip 49282), 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.