The housing market in 48050 New Haven, MI is slightly lower than the US median value, with a median value of $313,200 compared to the US median value of $338,100. Despite this difference, the 1 year house appreciation rate in New Haven is 7.58%, which is slightly below the 8.27% appreciation rate seen across the US in general. This suggests that while values may be slightly lower in New Haven than the country as a whole, they are still appreciating at a steady rate and making it an attractive option for potential buyers and investors alike.
The median home cost in New Haven (zip 48050) is $313,200. Home appreciation the last 10 years has been 116.4%. Home Appreciation in New Haven (zip 48050) is up 10.8%.
Average Age of Homes
- The median age of New Haven (zip 48050) real estate is 46 years old
The Rental Market in New Haven (zip 48050)
- Renters make up 13.5% of the New Haven (zip 48050) population
- 0.0% of houses and apartments in New Haven (zip 48050), 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.