The housing market in 48436 Gaines, MI is quite lucrative with a median house value of $230,700. This is below the national average of $338,100 and also less than the overall US 1 year House Appreciation, which currently stands at 8.27%. However, the housing market in Gaines has seen a respectable 6.41% appreciation over the last 12 months, making it an attractive option for prospective homeowners.
The median home cost in Gaines (zip 48436) is $230,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Gaines (zip 48436) is up 12.8%.
Average Age of Homes
- The median age of Gaines (zip 48436) real estate is 37 years old
The Rental Market in Gaines (zip 48436)
- Renters make up 10.8% of the Gaines (zip 48436) population
- 0.0% of houses and apartments in Gaines (zip 48436), 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.