The housing market in 48367 Leonard, MI is currently valued at an average of $396,300. This is higher than the US median house value of $338,100. The 1-year house appreciation rate for Leonard, MI is 8.00%, which is slightly lower than the national average of 8.27%. This suggests that home values in Leonard may be increasing slightly slower than the rest of the US, however it still provides a great opportunity for potential buyers to invest in this desirable area.
The median home cost in Leonard (zip 48367) is $396,300. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Leonard (zip 48367) is up 11.2%.
Average Age of Homes
- The median age of Leonard (zip 48367) real estate is 38 years old
The Rental Market in Leonard (zip 48367)
- Renters make up 7.3% of the Leonard (zip 48367) population
- 0.0% of houses and apartments in Leonard (zip 48367), 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.