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Zip 49064 (Lawrence, MI) Housing


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The housing market in Lawrence, MI (zip code 49064) is thriving. According to the latest data, the median value for homes in this area is $197,100, which is significantly lower than the US median of $338,100. This makes it an attractive option for potential home buyers looking to invest in property. Additionally, the one year house appreciation in Lawrence has been 10.54%, higher than the national average of 8.27%. This could be due to a combination of factors such as low interest rates and high-quality schools and amenities nearby. All of these points together make Lawrence an ideal place to consider when looking for a new home.

The median home cost in Lawrence (zip 49064) is $197,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Lawrence (zip 49064) is up 14.9%.

Average Age of Homes
- The median age of Lawrence (zip 49064) real estate is 40 years old
The Rental Market in Lawrence (zip 49064)
- Renters make up 19.3% of the Lawrence (zip 49064) population
- 2.0% of houses and apartments in Lawrence (zip 49064), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLawrence, MichiganUnited States
  1,726.0139,647,020.0
  5142
  $197,100$338,100
  14.9%16.6%
  56.2%57.0%
  90.4%101.1%
  $14.12$10.98
  $1,924$2,690
  62.2%57.4%
  21.0%11.2%
  16.8%31.4%
  Vacant Housing
  2.0%1.9%
  0.0%0.4%
  1.5%0.7%
  0.0%0.4%
  10.7%3.6%
  6.8%4.1%
  Value of Owner-Occupied Housing
  4.4%2.6%
  4.1%2.4%
  2.7%2.8%
  2.3%3.9%
  11.8%4.5%
  34.0%11.3%
  19.5%13.0%
  12.0%20.1%
  6.2%13.6%
  0.2%8.3%
  1.9%9.7%
  0.0%3.9%
  0.9%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  14.1%13.6%
  14.1%13.6%
  15.1%13.6%
  7.7%13.2%
  11.0%14.8%
  15.1%13.6%
  10.3%10.0%
  10.2%4.7%
  17.9%12.2%
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