Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 962 people, 372 houses or apartments, and a median cost of homes of $325,299, Attica real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Attica, accounting for 84.63% of the town's housing units. Other types of housing that are prevalent in Attica include mobile homes or trailers ( 11.22%), duplexes, homes converted to apartments or other small apartment buildings ( 2.68%), and a few row houses and other attached homes ( 1.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Attica. Owner-occupied housing accounts for 97.85% of Attica's homes, and 58.78% have either three or four bedrooms, which is average sized relative to America.
The housing in Attica was primarily built before 1939 ( 51.46%), making the housing stock in Attica some of the oldest overall in America, although there is a range of ages of homes in Attica. The next most important housing age is between 1970-1999 ( 23.90%), followed by between 1940-1969 ( 18.54%). There's also some housing in Attica built between 2000 and later ( 6.10%).
Appreciation rates for homes in Attica have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 105.95%, which ranks in the top 40% nationwide. This equates to an annual average Attica house appreciation rate of 7.49%.
Appreciation rates are so strong in Attica that despite a nationwide downturn in the housing market, Attica real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Attica appreciation rates continue to be some of the highest in America, at 9.66%, which is higher than appreciation rates in 76.61% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Attica. Attica appreciation rates in the latest quarter were at 1.46%, which equates to an annual appreciation rate of 5.96%.
Relative to Michigan, our data show that Attica's latest annual appreciation rate is lower than 70% of the other cities and towns in Michigan.
$325,299
for Michigan
for nation
372
$1,968 / per month