Housing in Harbor Springs, MI is a great investment compared to the national average of the United States. The median value for homes in Harbor Springs is $403,800 while the median value for homes in the US is only $338,100. This higher median value indicates that homes in Harbor Springs are more valuable than those around the country. Additionally, the one year appreciation rate for housing in Harbor Springs is 16.52%, which is significantly higher than the 8.27% appreciation rate seen across the US as a whole. These numbers show us that housing in Harbor Springs has a lot of potential to increase in value over time.
The median home cost in Harbor Springs is $403,800. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Harbor Springs is up 21.4%.
Average Age of Homes
- The median age of Harbor Springs real estate is 54 years old
The Rental Market in Harbor Springs
- Renters make up 10.5% of the Harbor Springs population
- 0.0% of houses and apartments in Harbor Springs, 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.