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Zip 49657 (Mc Bain, MI) Housing


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The housing market in Mc Bain, MI (zip code 49657) is thriving. The median value of homes in the area is $188,000 which is well below the US median of $338,100. In the last year, home values appreciate by 15.49%-- significantly greater than the US average of 8.27%. With its low cost and high appreciation rate, Mc Bain, MI is an ideal place to invest in real estate.

The median home cost in Mc Bain (zip 49657) is $188,000. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Mc Bain (zip 49657) is up 19.8%.

Average Age of Homes
- The median age of Mc Bain (zip 49657) real estate is 38 years old
The Rental Market in Mc Bain (zip 49657)
- Renters make up 16.0% of the Mc Bain (zip 49657) population
- 0.4% of houses and apartments in Mc Bain (zip 49657), 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

  HousingMc Bain, MichiganUnited States
  1,556.0139,647,020.0
  4342
  $188,000$338,100
  19.8%16.6%
  69.9%57.0%
  122.2%101.1%
  $9.89$10.98
  $1,411$2,690
  66.1%57.4%
  14.7%11.2%
  19.2%31.4%
  Vacant Housing
  0.4%1.9%
  0.0%0.4%
  0.3%0.7%
  0.6%0.4%
  9.6%3.6%
  3.9%4.1%
  Value of Owner-Occupied Housing
  1.0%2.6%
  4.5%2.4%
  4.4%2.8%
  5.6%3.9%
  11.0%4.5%
  25.7%11.3%
  21.4%13.0%
  16.2%20.1%
  7.1%13.6%
  0.8%8.3%
  1.0%9.7%
  1.1%3.9%
  0.4%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  16.5%13.6%
  16.5%13.6%
  15.5%13.6%
  12.6%13.2%
  18.6%14.8%
  15.5%13.6%
  5.7%10.0%
  5.5%4.7%
  19.2%12.2%
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