Housing in 48449 Lennon, MI is quite affordable when compared to the US median value of $338,100. The median housing value in this area is $195,100. In the last year, house appreciation has been slightly lower than the national average at 6.41%. Despite being lower than the national rate of 8.27%, it is still a healthy rate of appreciation for the area and makes this area a great place to invest in real estate.
The median home cost in Lennon (zip 48449) is $195,100. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Lennon (zip 48449) is up 12.8%.
Average Age of Homes
- The median age of Lennon (zip 48449) real estate is 48 years old
The Rental Market in Lennon (zip 48449)
- Renters make up 8.8% of the Lennon (zip 48449) population
- 0.0% of houses and apartments in Lennon (zip 48449), 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.