The housing market in 49916 Chassell, MI is a great deal for prospective buyers. The median value of homes in this area is $189,200, which is significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Chassell is 12.24%, which is higher than the US national average of 8.27%. This means that buying a house now can potentially be a sound investment for future gain.
The median home cost in Chassell (zip 49916) is $189,200. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Chassell (zip 49916) is up 18.2%.
Average Age of Homes
- The median age of Chassell (zip 49916) real estate is 51 years old
The Rental Market in Chassell (zip 49916)
- Renters make up 12.3% of the Chassell (zip 49916) population
- 3.9% of houses and apartments in Chassell (zip 49916), 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.