The housing situation in Tustin, MI (49688) is very competitive. The median home value is $173,300, which is significantly lower than the U.S. median home value of $338,100. However, Tustin has seen a higher rate of appreciation in the past year at 15.49% compared to the national rate of 8.27%. This suggests a strong demand for housing in the area and more potential for homeowners to see their investments appreciate over time. With an ever-growing population and a steadily increasing housing market, Tustin is proving to be an attractive place to invest in real estate.
The median home cost in Tustin (zip 49688) is $173,300. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Tustin (zip 49688) is up 19.8%.
Average Age of Homes
- The median age of Tustin (zip 49688) real estate is 38 years old
The Rental Market in Tustin (zip 49688)
- Renters make up 8.9% of the Tustin (zip 49688) population
- 0.0% of houses and apartments in Tustin (zip 49688), 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.