Median real estate price in the Village Center of Paw Paw is $127,051, which is more expensive than 48.7% of the neighborhoods in Michigan and 29.1% of the neighborhoods in the U.S.
The average rental price in Paw Paw Village Center is currently $753, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.8% of Michigan neighborhoods.
Paw Paw Village Center is a rural neighborhood (based on population density) located in Paw Paw, Michigan.
Real estate in the Village Center of Paw Paw, MI is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Village Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Paw Paw Village Center. The current real estate vacancy rate here is 18.2%. This is higher than the rate of vacancies in 81.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.