The housing market in 49286 Tecumseh, MI is on the rise. According to the data provided, the median value of a house in the area is $229,100, which is considerably lower than the US median house value of $338,100. The US 1 year house appreciation rate is 8.27%, while for houses in 49286 Tecumseh it stands at 9.09%. This indicates that the area may be experiencing an increase in property values and boosting its real estate market. It appears that investing in real estate here may be a good option for those looking to make long-term profits from their investments.
The median home cost in Tecumseh (zip 49286) is $229,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Tecumseh (zip 49286) is up 16.2%.
Average Age of Homes
- The median age of Tecumseh (zip 49286) real estate is 44 years old
The Rental Market in Tecumseh (zip 49286)
- Renters make up 22.2% of the Tecumseh (zip 49286) population
- 0.5% of houses and apartments in Tecumseh (zip 49286), 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.