Reading township, MI Housing

Reading township, MI is a great place to invest in real estate due to its high median housing value of $220,200, which is significantly lower than the US House Median Value of $338,100. Additionally, house appreciation in Reading township, MI has been on the rise with a 1 year appreciation rate of 9.18%, which is higher than the national average of 8.27%. Many people are looking to buy homes in Reading township as it is a great place to settle down and make an investment that will likely yield good returns.

The median home cost in Reading township is $220,200. Home appreciation the last 10 years has been 105.3%. Home Appreciation in Reading township is up 16.1%.

Average Age of Homes

- The median age of Reading township real estate is 45 years old

The Rental Market in Reading township

- Renters make up 4.3% of the Reading township population
- 0.0% of houses and apartments in Reading township, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Reading township, Michigan	United States
	1,147.0	139,647,020.0
	48	42
	$220,200	$338,100
	16.1%	16.6%
	56.4%	57.0%
	105.3%	101.1%
	$10.30	$10.98
	$1,744	$2,690
	55.4%	57.4%
	35.0%	11.2%
	9.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.1%	0.7%
	0.8%	0.4%
	28.9%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	2.0%	2.4%
	4.1%	2.8%
	4.9%	3.9%
	7.9%	4.5%
	18.9%	11.3%
	21.9%	13.0%
	24.3%	20.1%
	7.9%	13.6%
	0.9%	8.3%
	2.0%	9.7%
	2.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.6%	13.6%
	12.6%	13.6%
	16.2%	13.6%
	8.2%	13.2%
	17.6%	14.8%
	16.2%	13.6%
	7.0%	10.0%
	7.2%	4.7%
	16.7%	12.2%

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