The housing market in 48456 Minden City, MI is relatively affordable compared to the national average. The median value of a home in Minden City is $146,700, which is significantly lower than the US House Median Value of $338,100. Although the US House Appreciation rate for the past year was 8.27%, house appreciation in Minden City was slightly lower at 6.41%. Despite this slight decrease in appreciation rates, people looking for an affordable place to buy a house should consider investing in Minden City as it offers good value for money.
The median home cost in Minden City (zip 48456) is $146,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Minden City (zip 48456) is up 12.8%.
Average Age of Homes
- The median age of Minden City (zip 48456) real estate is 52 years old
The Rental Market in Minden City (zip 48456)
- Renters make up 10.0% of the Minden City (zip 48456) population
- 0.0% of houses and apartments in Minden City (zip 48456), 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.