The housing market in Onekama, MI (49675) is considerably lower than the US average. The median value of a house in Onekama is $276,600 compared to the US median of $338,100. However, this doesn't mean that it's a bad investment. On the contrary, it has had an impressive year-on-year appreciation rate of 15.49%, which is higher than the US rate of 8.27%. This makes Onekama an attractive option for those looking into investing in housing and further illustrates its potential for growth.
The median home cost in Onekama (zip 49675) is $276,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Onekama (zip 49675) is up 19.8%.
Average Age of Homes
- The median age of Onekama (zip 49675) real estate is 43 years old
The Rental Market in Onekama (zip 49675)
- Renters make up 11.2% of the Onekama (zip 49675) population
- 0.8% of houses and apartments in Onekama (zip 49675), 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.