Mackinac Island, MI is a unique place with a wonderful housing market. The median value of housing in Mackinac Island is $439,400 which is significantly higher than the US median value of $338,100. In the last year, house appreciation has been strong in Mackinac Island at 16.52%, nearly double the US average of 8.27%. This makes it an attractive option for those looking to invest in real estate and move into a beautiful area by Lake Huron.
The median home cost in Mackinac Island (zip 49757) is $439,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Mackinac Island (zip 49757) is up 21.4%.
Average Age of Homes
- The median age of Mackinac Island (zip 49757) real estate is 37 years old
The Rental Market in Mackinac Island (zip 49757)
- Renters make up 15.3% of the Mackinac Island (zip 49757) population
- 3.8% of houses and apartments in Mackinac Island (zip 49757), 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.