Housing in 48140 Ida, MI is quite strong. The median value of homes in the area is $250,600, which is slightly less than the US House Median Value of $338,100. However, the one year house appreciation rate for homes in 48140 Ida, MI is 8.47%, just slightly better than the US average of 8.27%. This indicates that housing values in this local area have grown at a faster rate than other areas across the United States and indicates a strong market.
The median home cost in Ida (zip 48140) is $250,600. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Ida (zip 48140) is up 13.1%.
Average Age of Homes
- The median age of Ida (zip 48140) real estate is 49 years old
The Rental Market in Ida (zip 48140)
- Renters make up 8.7% of the Ida (zip 48140) population
- 0.0% of houses and apartments in Ida (zip 48140), 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.