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Housing

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  HOUSING OVERVIEW
  

The median home value in Frankenmuth, Michigan, is $165,600. Home appreciation is -9.99% over the last year. The median age of Frankenmuth, Michigan, real estate is 37 years.

Frankenmuth, Michigan Apartments and Rentals

Renters make up 28.78% of the Frankenmuth, Michigan, population. 7.90% of houses and apartments in Frankenmuth, Michigan, are unoccupied (vacancy rate).

  HOUSINGFrankenmuth, MichiganUnited States
  Median Home Age  3737
  Median Home Cost  $165,600$185,800
  Home Appr. Last 12 months  6.03%3.74%
  Home Appr. Last 5 yrs.  7.42%16.02%
  Home Appr. Last 10 yrs.  -9.99%-0.68%
  Property Tax Rate  $17.19$11.80
  Homes Owned  63.31%56.34%
  Housing Vacant  7.90%12.45%
  Homes Rented  28.78%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $470$712
  1 Bedroom Home or Apartment  $600$825
  2 Bedroom Home or Apartment  $760$1,027
  3 Bedroom Home or Apartment  $1,010$1,379
  4 Bedroom Home or Apartment  $1,040$1,601
  VACANT HOUSING
  Vacant For Rent  0.00%2.34%
  Vacant Rented  0.00%0.46%
  Vacant For Sale  0.00%1.20%
  Vacant Sold  5.15%0.46%
  Vacant Vacation  2.75%3.97%
  Vacant Other  0.00%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  0.88%4.57%
  $20,000 to $39,999  0.00%3.37%
  $40,000 to $59,999  0.00%4.19%
  $60,000 to $79,999  1.01%5.74%
  $80,000 to $99,999  4.73%6.79%
  $100,000 to $149,999  30.64%15.19%
  $150,000 to $199,999  36.95%14.69%
  $200,000 to $299,999  20.74%18.15%
  $300,000 to $399,999  5.04%10.43%
  $400,000 to $499,999  0.00%5.70%
  $500,000 to $749,999  0.00%6.39%
  $750,000 to $999,999  0.00%2.41%
  $1,000,000 or more  0.00%2.39%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  0.96%2.03%
  2000 to 2009  9.94%14.63%
  1990 to 1999  14.49%14.01%
  1980 to 1989  16.13%13.70%
  1970 to 1979  23.55%15.66%
  1960 to 1969  14.49%14.01%
  1950 to 1959  7.43%10.63%
  1940 to 1949  1.44%5.25%
  1939 or Earlier  8.82%13.09%

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