Carp Lake township (Ontonagon County), MI is a great place to find housing at an affordable price. The median housing value in the area is $78,400, much lower than the US median house value of $338,100. In addition, the one year appreciation rate for houses in Carp Lake township is 12.24%, significantly higher than the US 1 year appreciation rate of 8.27%. This makes Carp Lake township an appealing option for those looking to invest in real estate as they will likely see a good return on their investment.
The median home cost in Carp Lake township (Ontonagon County) is $78,400. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Carp Lake township (Ontonagon County) is up 18.2%.
Average Age of Homes
- The median age of Carp Lake township (Ontonagon County) real estate is 59 years old
The Rental Market in Carp Lake township (Ontonagon County)
- Renters make up 3.3% of the Carp Lake township (Ontonagon County) population
- 0.3% of houses and apartments in Carp Lake township (Ontonagon County), 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.