The housing market in 48855 Howell, MI is quite strong. The median value of a home in the area is $337,300 which is only slightly lower than the US house median value of $338,100. In addition to this, the 1 year appreciation rate for homes in 48855 Howell, MI is 8.98%, which is higher than the US average appreciation rate of 8.27%. This suggests that investing in real estate around 48855 Howell, MI would be a wise decision and could yield excellent returns over time.
The median home cost in Howell (zip 48855) is $337,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Howell (zip 48855) is up 12.2%.
Average Age of Homes
- The median age of Howell (zip 48855) real estate is 26 years old
The Rental Market in Howell (zip 48855)
- Renters make up 10.3% of the Howell (zip 48855) population
- 0.1% of houses and apartments in Howell (zip 48855), 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.