Midland, MI

Population: 42,181
Average annual home appreciation rate: 5.64%
Total of homes for sale in this market: 71
Median home price: $136,238
Median Rent: $735 per room
Home price range: 49.72% of homes are between $98,001 – $195,000
Median sales price: $113,500
Number of homes: 127
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 64.51% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.10%
Number of renters: 37.64%
Number of owner occupied: 62.36%
Number people living below poverty level: 14.29%
Unemployment rate: 4.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Midland area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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