Zip 49254 (Michigan Center, MI) Housing

Michigan Center, MI has a median housing value of $170,500, compared to the US house median value of $338,100. This is slightly lower but still provides a great opportunity for potential buyers. The US saw an appreciation rate of 8.27% in houses over the last year, while Michigan Center specifically experienced a higher rate of 9.09%. This suggests that there is significant growth in the housing market in Michigan Center and it is an excellent place to invest in real estate.

The median home cost in Michigan Center (zip 49254) is $170,500. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Michigan Center (zip 49254) is up 16.2%.

Average Age of Homes

- The median age of Michigan Center (zip 49254) real estate is 54 years old

The Rental Market in Michigan Center (zip 49254)

- Renters make up 26.5% of the Michigan Center (zip 49254) population
- 0.0% of houses and apartments in Michigan Center (zip 49254), 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

Housing	Michigan Center, Michigan	United States
	1,993.0	139,647,020.0
	69	42
	$170,500	$338,100
	16.2%	16.6%
	56.4%	57.0%
	106.2%	101.1%
	$12.31	$10.98
	$1,767	$2,690
	75.6%	57.4%
	9.9%	11.2%
	14.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.2%	3.6%
	7.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.9%	2.4%
	4.5%	2.8%
	13.3%	3.9%
	8.8%	4.5%
	25.5%	11.3%
	18.6%	13.0%
	21.4%	20.1%
	3.9%	13.6%
	0.0%	8.3%
	1.8%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	6.9%	13.6%
	4.0%	13.2%
	4.8%	14.8%
	6.9%	13.6%
	20.7%	10.0%
	18.3%	4.7%
	27.2%	12.2%

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