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 a population of 3,792, 1,753 total housing units (homes and apartments), and a median house value of $364,881, Williamston real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Williamston, accounting for 54.46% of the city's housing units. Other types of housing that are prevalent in Williamston include large apartment complexes or high rise apartments ( 19.55%), mobile homes or trailers ( 11.92%), and a few row houses and other attached homes ( 9.67%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Williamston. Owner-occupied housing accounts for 68.74% of Williamston's homes, and 58.27% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Williamston 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 Williamston built between 2000 and later ( 22.88%). A lesser amount of the housing stock also hails from before 1939 ( 19.28%). There's also some housing in Williamston built between 1940-1969 ( 17.94%).
Real estate appreciation rates in Williamston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.42% during the period.
Over the last year, Williamston appreciation rates have trailed the rest of the nation. In the last twelve months, Williamston's appreciation rate has been 3.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Williamston were at 0.71%, which equates to an annual appreciation rate of 2.85%.
Relative to Michigan, our data show that Williamston's latest annual appreciation rate is lower than 80% of the other cities and towns in Michigan.
$364,881
for Michigan
for nation
1,753
$1,472 / per month