The housing market in Calumet, MI (49913) is currently quite strong. The median value of a house in this area is $90,000, considerably lower than the US median value of $338,100. However, the 1-year appreciation rate for homes in Calumet is 12.24%, which is substantially higher than the national average of 8.27%. This indicates that Calumet's housing market is performing very well and prices are likely to continue increasing at an above-average rate for the foreseeable future.
The median home cost in Calumet (zip 49913) is $90,000. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Calumet (zip 49913) is up 18.2%.
Average Age of Homes
- The median age of Calumet (zip 49913) real estate is 78 years old
The Rental Market in Calumet (zip 49913)
- Renters make up 18.7% of the Calumet (zip 49913) population
- 1.1% of houses and apartments in Calumet (zip 49913), 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.