Auburn Hills, MI

Population: 21,854
Average annual home appreciation rate: 11.69%
Total of homes for sale in this market: 43
Median home price: $145,099
Median Rent: $1,026
Home price range: 39.69% of homes are between $128,001 – $255,000
Median sales price: $103,500
Number of homes: 58
Median foreclosure sales price: $46,803
Foreclosure discount: 54.8%
Most common home type: 39.21% of homes are complexes or high rise apartments
Number of vacant homes: 11.77%
Number of renters: 53.27%
Number of owner occupied: 46.74%
Number people living below poverty level: 13.29%
Unemployment rate: 5.10%
Is this area perfect for real estate deals going on right now? High appreciation rates make this area a desirable investment for the savvy buyer/renter.

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