Grosse Ile, MI has some of the most desirable housing in the United States. The median value of homes here is $341,500, higher than the US House Median Value of $338,100. Additionally, Grosse Ile has seen a higher appreciation rate than the national average over the last year with 8.47%, compared to 8.27% nationally. This makes it an attractive option for those looking to invest in a property that will appreciate at a faster rate than other parts of the country.
The median home cost in Grosse Ile is $341,500. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Grosse Ile is up 13.1%.
Average Age of Homes
- The median age of Grosse Ile real estate is 48 years old
The Rental Market in Grosse Ile
- Renters make up 11.8% of the Grosse Ile population
- 1.4% of houses and apartments in Grosse Ile, 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.