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Scotts, MI Housing
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The housing market in Scotts, MI is booming. The median value of a house in Scotts, MI is an impressive $263,600 - significantly lower than the median value of a house in the US as a whole ($338,100). In the past year alone, the US has seen an appreciation rate of 8.27% for housing prices, but Scotts, MI has far outpaced that with an appreciation rate of 14.90%. This indicates that not only are houses more affordable in this Michigan town, they are also increasing in value faster than their counterparts around the country.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Scotts, Michigan
United States
Number of Homes
45.0
139,647,020.0
Median Home Age
78
42
Median Home Cost
$263,600
$338,100
Home Appr. Last 12 months
14.9%
16.6%
Home Appr. Last 5 yrs.
56.2%
57.0%
Home Appr. Last 10 yrs.
90.4%
101.1%
Property Tax Rate
$16.68
$10.98
Property Taxes Paid
$1,760
$2,690
Homes Owned
100.0%
57.4%
Housing Vacant
0.0%
11.2%
Homes Rented
0.0%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.0%
2.6%
$20,000 to $39,999
0.0%
2.4%
$40,000 to $59,999
0.0%
2.8%
$60,000 to $79,999
40.0%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
40.0%
11.3%
$150,000 to $199,999
20.0%
13.0%
$200,000 to $299,999
0.0%
20.1%
$300,000 to $399,999
0.0%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
0.0%
13.6%
2000 to 2009
0.0%
13.6%
1990 to 1999
22.2%
13.6%
1980 to 1989
0.0%
13.2%
1970 to 1979
0.0%
14.8%
1960 to 1969
22.2%
13.6%
1950 to 1959
0.0%
10.0%
1940 to 1949
37.8%
4.7%
1939 or Earlier
40.0%
12.2%
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