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Mohawk, MI Housing
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The housing market in Mohawk, MI is doing quite well compared to the US house median value. The median value of homes in Mohawk, MI is currently at $168,400 and has appreciated by 18.20% over the last year. This is substantially higher than the 8.27% appreciation rate of homes across the US as a whole and significantly higher than the US House Median Value of $338,100. It appears that home values in Mohawk, MI are continuing to rise due to its desirable location and strong local economy.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Mohawk, Michigan
United States
Number of Homes
197.0
139,647,020.0
Median Home Age
59
42
Median Home Cost
$168,400
$338,100
Home Appr. Last 12 months
18.2%
16.6%
Home Appr. Last 5 yrs.
63.2%
57.0%
Home Appr. Last 10 yrs.
97.4%
101.1%
Property Tax Rate
$12.02
$10.98
Property Taxes Paid
$762
$2,690
Homes Owned
60.4%
57.4%
Housing Vacant
21.8%
11.2%
Homes Rented
17.8%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
4.6%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
17.3%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
12.6%
2.6%
$20,000 to $39,999
41.2%
2.4%
$40,000 to $59,999
9.2%
2.8%
$60,000 to $79,999
7.6%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
16.0%
11.3%
$150,000 to $199,999
10.1%
13.0%
$200,000 to $299,999
3.4%
20.1%
$300,000 to $399,999
0.0%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
3.0%
13.6%
2000 to 2009
3.0%
13.6%
1990 to 1999
5.1%
13.6%
1980 to 1989
0.5%
13.2%
1970 to 1979
4.6%
14.8%
1960 to 1969
5.1%
13.6%
1950 to 1959
4.1%
10.0%
1940 to 1949
1.5%
4.7%
1939 or Earlier
72.1%
12.2%
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