Housing in 49010 Allegan, MI is more affordable than the national average. The median value of homes in this area is $220,500, which is 65% less than the US house median value of $338,100. Additionally, house appreciation in 49010 Allegan is higher than the national 1 year appreciation rate of 8.27%, standing at 10.54%. This shows that housing in Allegan has increased in value at a faster rate compared to other areas in the US and is making it an attractive option for prospective home buyers looking for affordability and a strong return on their investment.
The median home cost in Allegan (zip 49010) is $220,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Allegan (zip 49010) is up 14.9%.
Average Age of Homes
- The median age of Allegan (zip 49010) real estate is 39 years old
The Rental Market in Allegan (zip 49010)
- Renters make up 18.2% of the Allegan (zip 49010) population
- 1.1% of houses and apartments in Allegan (zip 49010), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.