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 25,485 people, 11,181 houses or apartments, and a median cost of homes of $300,167, Auburn Hills 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 Auburn Hills, accounting for 37.93% of the city's housing units. Other types of housing that are prevalent in Auburn Hills include large apartment complexes or high rise apartments ( 37.73%), row houses and other attached homes ( 10.00%), and a few mobile homes or trailers ( 8.69%).
People in Auburn Hills primarily live in small (one, two or no bedroom) single-family detached homes. Auburn Hills has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Auburn Hills built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Auburn Hills built between 2000 and later ( 24.02%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.73%). There's also some housing in Auburn Hills built before 1939 ( 5.04%).
Appreciation rates for homes in Auburn Hills have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.59%, which ranks in the top 40% nationwide. This equates to an annual average Auburn Hills house appreciation rate of 7.26%.
NeighborhoodScout's data show that during the latest twelve months, Auburn Hills's appreciation rate, at 6.69%, has been at or slightly above the national average. In the latest quarter, Auburn Hills's appreciation rate has been 1.70%, which annualizes to a rate of 6.96%.
Relative to Michigan, our data show that Auburn Hills's latest annual appreciation rate is higher than 50% of the other cities and towns in Michigan.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Auburn Hills differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Auburn Hills - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Auburn Hills real estate investment or home purchase decisions.
$300,167
for Michigan
for nation
11,181
$1,941 / per month