City:
Avoca, MI
Avoca is a city in the state of michigan with a population of roughly 4,058. It is in St. Clair County, Michigan the Detroit-Warren-Dearborn, MI core-based statistical areas (CBSA), and the Detroit-Warren-Ann Arbor, MI combined statistical area (CSA).Its Zip codes include 48006 .
Trends in Home Prices in Avoca, Michigan
Real estate in Avoca, Michigan is a hot commodity. The city has seen an influx of people in recent years, and with that comes a need for more housing. This has led to a rise in the prices of homes and apartments.
The average price of a home in Avoca is $269,000. The median price is $224,000. The city has seen an increase in home sales over the past year, with 73 sales recorded in 2017 compared to 60 sales recorded in 2016. This indicates that there are plenty of buyers interested in purchasing homes in Avoca.
The demand for housing is also driving up the prices of apartments. The average price of an apartment is $159,000. The median price is $130,000. There was an increase of 10% in the number of apartment sales over the past year, with 36 sales recorded as opposed to 30 sales recorded last year. This indicates that there are plenty of people looking for affordable housing options in Avoca.
Price Index: Warren-Troy-Farmington Hills, MI (MSAD)
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