Brandon Homes For Sale, and Statistical Information on Brandon Michigan
Brandon Township has a median household income was $66,458 and the median income for a family here is $70,359 according to a recent census. Only 4.4% of the population is below the poverty line. As a result of this, there are houses that are within different price ranges allowing those who are looking for homes to find something that is within their budget. The cost of living is $64,700, which is 20% higher than can be found in the rest of the state. This is a relatively young community with a median age of 35, if that is something that you are looking for in this area
Typically, the mortgage in this area is on average $981 per month with an average listing price of $170,000. The properties here are actually currently in high demand because there are more buyers than there are sellers. If you are a seller, this is great for you because this means that there will often be bidding wars over available properties. If you are a buyer, you are at a disadvantage here and must be willing to put up a fight for the house of your dreams.
Like with anyplace else, you do have the option of renting here in Brandon but purchasing a house is cheaper in the long run. Currently, the average rent in this area is $1448 per month. This is calculating that the average 2-bedroom apartment is around $1,025 while the average for a 4-bedroom rental is $2,295. The rates have actually decreased in rentals by 5% in the last 3 months. Rentals, like houses, are in high demand but short supply.
Brandon Township could be the right location for you to settle down in. Right now, it is difficult to find a home here because of the high demand to live here, but it will be worth the difficulties when you get settled into the home of your dreams. There are a large variety of options within different price ranges so that you can be assured that you can find the house that you are dreaming of for the price that you can afford. In order to accomplish this task, you will need to get a realtor that you can trust that will fight for what is right for you and your family. A good realtor is more concerned with a happy home buyer than they are the commissions that they will make off of your purchase.