Housing in 48809 Belding, MI is currently valued at $200,900, which is significantly lower than the US median housing value of $338,100. Although the US housing market appreciated 8.27% in the last year, homes in Belding have seen an even more robust appreciation rate of 8.98%. The current market conditions make Belding a great place for potential homeowners to purchase a home at a relatively affordable cost with expectations for continued appreciation.
The median home cost in Belding (zip 48809) is $200,900. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Belding (zip 48809) is up 12.2%.
Average Age of Homes
- The median age of Belding (zip 48809) real estate is 47 years old
The Rental Market in Belding (zip 48809)
- Renters make up 20.6% of the Belding (zip 48809) population
- 0.7% of houses and apartments in Belding (zip 48809), 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.