Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Birchwood area can be challenging. Home prices in Birchwood are now at a median cost of $153,681, lower than the Michigan average of $196,062.
The average cost of rent is $831/mo in Birchwood, primarily driven by the current value of real estate in the Birchwood area. While nearly 47.63% of residents own their homes outright in Birchwood, 9.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Birchwood is $5,345 per month. Households that rent pay about 15.54% of their income on rent here. Birchwood's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Long Point, MI: higher priced homes
- Mullett Lake, MI: equally priced homes
- Topinabee, MI: equally priced homes
- Point Nipigon, MI: equally priced homes
- Cheboygan, MI: equally priced homes
- Van, MI: equally priced homes
- Brutus, MI: higher priced homes
- Indian River, MI: higher priced homes
- Burt Lake, MI: higher priced homes
- Pellston, MI: equally priced homes
Cities with Similar Populations
- The Glen, NH: higher priced homes
- Estes, TX: higher priced homes
- Vealmoor, TX: less expensive homes
- Vanceboro, ME: less expensive homes
- Vallecitos, NM: less expensive homes
- Fairmount, MD: equally priced homes
- Torrent, KY: less expensive homes
- Tomlinson, IL: higher priced homes
- Gibbs City, MI: less expensive homes
- Gleeson, AZ: higher priced homes
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