The housing market in 49070 Martin, MI is a relatively good investment. The median value of homes is $232,600, which is significantly lower than the national average of $338,100. Additionally, the one year appreciation rate for housing in 49070 Martin, MI is 10.54% compared to the US appreciation rate of 8.27%. This suggests that investing in housing in this area would be a wise decision as it offers a better return than the national average.
The median home cost in Martin (zip 49070) is $232,600. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Martin (zip 49070) is up 14.9%.
Average Age of Homes
- The median age of Martin (zip 49070) real estate is 40 years old
The Rental Market in Martin (zip 49070)
- Renters make up 16.1% of the Martin (zip 49070) population
- 0.6% of houses and apartments in Martin (zip 49070), 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.