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Housing in Frankenmuth, Michigan

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HousingFrankenmuth, MIUnited States
Median Home Age3337
Median Home Cost$142,700$170,100
Home Appr. Last 12 months2.50%4.90%
Home Appr. Last 5 yrs.-7.40%-4.60%
Home Appr. Last 10 yrs.-17.10%12.70%
Property Tax Rate$17.75$12.07
Homes Owned65.88%57.34%
Housing Vacant7.54%12.47%
Homes Rented26.58%30.19%
AVERAGE RENT FOR HOME OR APARTMENT
Studio Apartment$431$661
1 Bedroom Home or Apartment$573$765
2 Bedroom Home or Apartment$717$957
3 Bedroom Home or Apartment$957$1,289
4 Bedroom Home or Apartment$1,100$1,490
VACANT HOUSING
Vancant For Rent1.98%2.50%
Vancant Rented0.00%0.46%
Vancant For Sale0.00%1.38%
Vancant Sold3.71%0.46%
Vancant Vacation1.85%3.81%
Vancant Other0.00%3.87%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,0001.96%3.30%
$20,000 to $39,9990.00%3.44%
$40,000 to $59,9990.00%4.18%
$60,000 to $79,9990.98%5.80%
$80,000 to $99,9996.08%7.08%
$100,000 to $149,99924.85%15.77%
$150,000 to $199,99935.78%15.03%
$200,000 to $299,99918.84%18.50%
$300,000 to $399,9998.70%10.39%
$400,000 to $499,9991.83%5.66%
$500,000 to $749,9990.00%6.39%
$750,000 to $999,9990.00%2.28%
$1,000,000 or more0.98%2.18%
HOUSING UNITS BY YEAR STRUCTURE BUILT
2010 and newer0.91%0.29%
2000 to 20097.93%14.18%
1990 to 199918.53%13.96%
1980 to 198919.69%13.99%
1970 to 197921.89%16.09%
1960 to 196918.53%13.96%
1950 to 19595.99%11.05%
1940 to 19492.03%5.59%
1939 or Earlier11.50%13.68%

The median home value in Frankenmuth, MI, is $142,700. Home appreciation is 2.50% over the last year. The median age of Frankenmuth, MI, real estate is 33 years.

Frankenmuth, MI Apartments and Rentals

Renters make up 26.58% of the Frankenmuth, MI, population. 7.54% of houses and apartments in Frankenmuth, MI, are unoccupied (vacancy rate).


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