The housing market in Twin Lake, MI (49457) is very strong. The median value of a home in the area is $213,900, which is lower than the US median of $338,100. However, it has experienced a higher rate of appreciation in the past year at 13.62%, compared to the US average of 8.27%. This indicates that the Twin Lake housing market is particularly robust and may be desirable to potential buyers looking for a good return on their investment.
The median home cost in Twin Lake (zip 49457) is $213,900. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Twin Lake (zip 49457) is up 16.5%.
Average Age of Homes
- The median age of Twin Lake (zip 49457) real estate is 30 years old
The Rental Market in Twin Lake (zip 49457)
- Renters make up 10.2% of the Twin Lake (zip 49457) population
- 0.4% of houses and apartments in Twin Lake (zip 49457), 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.