Housing in 49030 Burr Oak, MI is on the rise. The median value of homes in this area is $156,200, which is much lower than the US House Median Value of $338,100. In the last year alone, there has been a 10.54% appreciation rate in the real estate market in 49030 Burr Oak, MI, outpacing the national average of 8.27%. This indicates that now may be a great time for potential homeowners to consider investing in this area as prices are likely to continue appreciating steadily in the future.
The median home cost in Burr Oak (zip 49030) is $156,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Burr Oak (zip 49030) is up 14.9%.
Average Age of Homes
- The median age of Burr Oak (zip 49030) real estate is 47 years old
The Rental Market in Burr Oak (zip 49030)
- Renters make up 11.1% of the Burr Oak (zip 49030) population
- 0.3% of houses and apartments in Burr Oak (zip 49030), 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.