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Housing

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  HOUSING OVERVIEW
  

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

Frankenmuth, Michigan Apartments and Rentals

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

  HOUSINGFrankenmuth, MichiganUnited States
  Median Home Age  3337
  Median Home Cost  $142,700$170,100
  Home Appr. Last 12 months  2.50%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 Owned  65.88%57.34%
  Housing Vacant  7.54%12.47%
  Homes Rented  26.58%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
  Vacant For Rent  1.98%2.50%
  Vacant Rented  0.00%0.46%
  Vacant For Sale  0.00%1.38%
  Vacant Sold  3.71%0.46%
  Vacant Vacation  1.85%3.81%
  Vacant Other  0.00%3.87%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  1.96%3.30%
  $20,000 to $39,999  0.00%3.44%
  $40,000 to $59,999  0.00%4.18%
  $60,000 to $79,999  0.98%5.80%
  $80,000 to $99,999  6.08%7.08%
  $100,000 to $149,999  24.85%15.77%
  $150,000 to $199,999  35.78%15.03%
  $200,000 to $299,999  18.84%18.50%
  $300,000 to $399,999  8.70%10.39%
  $400,000 to $499,999  1.83%5.66%
  $500,000 to $749,999  0.00%6.39%
  $750,000 to $999,999  0.00%2.28%
  $1,000,000 or more  0.98%2.18%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  0.91%0.29%
  2000 to 2009  7.93%14.18%
  1990 to 1999  18.53%13.96%
  1980 to 1989  19.69%13.99%
  1970 to 1979  21.89%16.09%
  1960 to 1969  18.53%13.96%
  1950 to 1959  5.99%11.05%
  1940 to 1949  2.03%5.59%
  1939 or Earlier  11.50%13.68%
  HOUSING COMMENTS
  

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