Median real estate price in the Town Center of Mio is $90,147, which is less expensive than 75.0% of Michigan neighborhoods and 86.3% of all U.S. neighborhoods.
The average rental price in Mio Town Center is currently $788, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.2% of Michigan neighborhoods.
Mio Town Center is a remote neighborhood (based on population density) located in Mio, Michigan.
Real estate in the Town Center of Mio, MI is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Mio Town Center. The current real estate vacancy rate here is 57.6%. This is higher than the rate of vacancies in 99.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (54.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.