Local Realtors In Northville Michigan To Help You Buy/Sell/Rent

So, you’re not convinced. We’ve mentioned some generalities about the city of Northville MI, but we haven’t really given you the entire scoop, as it were. For this reason, the following sections are going to go into more detail on the various pros and cons of living in Northville MI, from the perspective of one of the real estate agents in Northville MI. 

Real estate market in Northville Michigan

First things first, we’re going to discuss the real estate market in Northville MI. No matter what other factors are present in this city, we would imagine that they won’t matter much if you have nowhere to live. This being the case, we’ve discussed the topic with real estate agents in Northville MI and are prepared to share our findings with you. Let’s begin! 

Starting with the median home price, new arrivals in the city of Northville MI can expect to pay roughly $515,000 for a home on average. While this is certainly substantially higher than the median home price in many other cities and the nation as a whole, we would argue that it’s well worth the extra expense. Real estate agents in Northville MI point out that there are a number of factors that make this city particularly well suited to investment. 

The first of these factors is the mean annual appreciation rate. At roughly 12% annually, the median appreciation rate is not particularly high when compared to other fast-growing communities. When you take into account the fact that this appreciation rate has remained virtually unchanged for the past four years, however, you’ll quickly realize why realtors in Northville MI are so adamant about how great their city is! 

Rental market in Northville Michigan

Now, if you can’t afford to buy a home here, that’s ok. Property is quite expensive here, and not everyone has the will or resources necessary to commit to something as momentous as purchasing or mortgaging a home. If this is true in your case, then you’ll likely be forced to resort to the only other viable option: renting. Let’s ask real estate agents in Northville MI for the lowdown on their town! 

As far as rentals are concerned, things are quite reasonable in terms of price. At an average of $1,400 per month, most working class individuals will be able to afford a rental with ease. Whether you have children, a spouse or live alone, realtors in Northville MI say that there’s a good chance you’ll be able to find something that suits your needs and is affordable. 

The average apartment in Northville MI is fairly normal in terms of size, coming in at just under 1,000 square feet. While this certainly isn’t quite as large as some would prefer or expect it to be, we’d agree with the real estate agents in Northville MI in their assertion that this is plenty of space for most individuals, couples and families. 

Public safety in Northville Michigan

Last but not least, we’ll be discussing the public safety statistics from the town of Northville MI. The preceding headings are one important topic to be sure, but public is of the foremost considerations for most new arrivals in a new town. This being the case, you’re probably curious as to how safe Northville MI is. Let’s ask the local realtors in Northville MI! 

The first thing real estate agents in Northville are likely to mention is the violent crime rate. It’s virtually nonexistent! At a mere 1.3 incidents per 1,000 residents per year, violent crime is almost never committed against citizens of Northville MI. The same is true for property crime as well; in 2021, only 33 such incidents occurred! 

These impressively low crime rates are due in large part to the professional and proactive practices of the Northville Police Department, which has served with distinction for decades. In addition to its role in enforcement of law, the Northville City government also operates a number of social programs that help address the socio-economic factors leading to crime.