The housing market in 49674 Omena, MI is thriving. The median value of a house in the area is $620,000, which is 82.51% higher than the US median value of $338,100. Furthermore, over the course of one year the appreciation rate of houses in 49674 Omena, MI was 15.49%, almost double the 8.27% rate for houses across the US as a whole. It appears that Omena is an attractive place to invest in real estate and that housing prices will continue to climb over time.
The median home cost in Omena (zip 49674) is $620,000. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Omena (zip 49674) is up 19.8%.
Average Age of Homes
- The median age of Omena (zip 49674) real estate is 38 years old
The Rental Market in Omena (zip 49674)
- Renters make up 0.0% of the Omena (zip 49674) population
- 3.1% of houses and apartments in Omena (zip 49674), 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.