The housing market in Lake Ann, MI (49650) is performing better than the US average. The median value of homes in the area is $309,600, which is about 9% lower than the US median value of $338,100. However, while the US has seen an appreciation rate of 8.27% over the last year, Lake Ann's appreciation rate stands at 15.49%. This higher-than-normal appreciation rate makes purchasing a home in Lake Ann a more attractive investment opportunity than elsewhere in the US.
The median home cost in Lake Ann (zip 49650) is $309,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Lake Ann (zip 49650) is up 19.8%.
Average Age of Homes
- The median age of Lake Ann (zip 49650) real estate is 20 years old
The Rental Market in Lake Ann (zip 49650)
- Renters make up 5.7% of the Lake Ann (zip 49650) population
- 0.0% of houses and apartments in Lake Ann (zip 49650), 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.