The housing market in 48413 Bad Axe, MI is a bit lower than the national median value at $126,800. Despite this, prices for houses have increased over the past year by 6.41%, which is lower than the US 1 year house appreciation of 8.27%. This could be due to a number of factors including the local economy or availability of housing stock in the area. Overall, it's still a good time to invest in real estate in 48413 Bad Axe, MI as appreciation rates are still positive despite being lower than average.
The median home cost in Bad Axe (zip 48413) is $126,800. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Bad Axe (zip 48413) is up 12.8%.
Average Age of Homes
- The median age of Bad Axe (zip 48413) real estate is 46 years old
The Rental Market in Bad Axe (zip 48413)
- Renters make up 20.4% of the Bad Axe (zip 48413) population
- 1.9% of houses and apartments in Bad Axe (zip 48413), 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.