The housing market in Northville, MI (48167) is experiencing steady appreciation. The median value for homes in this area is currently $415,600, which is slightly higher than the US median of $338,100. In the past year alone, housing appreciation in Northville has been 8.47%, a bit higher than the national 1-year house appreciation rate of 8.27%. Housing prices in Northville have been going up steadily over the last few years, making it an attractive choice for those looking to invest in property in this region.
The median home cost in Northville (zip 48167) is $415,600. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Northville (zip 48167) is up 13.1%.
Average Age of Homes
- The median age of Northville (zip 48167) real estate is 39 years old
The Rental Market in Northville (zip 48167)
- Renters make up 27.7% of the Northville (zip 48167) population
- 1.1% of houses and apartments in Northville (zip 48167), 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.