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Housing in Republic, Michigan

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Housing - Updated September, 2011
HousingRepublic, MIUnited States
Median Home Age43.935.1
Median Home Cost$73,200$175,100
Home Appreciation-4.09%-3.15%
Homes Owned39.94%59.90%
Housing Vacant56.07%10.37%
Homes Rented3.99%29.73%
Property Tax Rate$12.20$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0004.07%2.65%
$20,000 to $39,99914.81%3.76%
$40,000 to $59,99921.48%4.99%
$60,000 to $79,99917.78%6.01%
$80,000 to $99,99917.41%7.27%
$100,000 to $149,99915.19%19.24%
$150,000 to $199,9994.81%14.67%
$200,000 to $299,9992.22%18.09%
$300,000 to $399,9991.85%9.14%
$400,000 to $499,9990.00%4.94%
$500,000 to $749,9990.00%5.42%
$750,000 to $999,9990.00%2.03%
$1,000,000 or more0.37%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 200511.09%13.71%
1995 to 19983.86%8.54%
1990 to 19945.90%5.77%
1980 to 19897.54%13.87%
1970 to 197916.27%16.17%
1960 to 196913.02%11.70%
1950 to 195911.69%11.08%
1940 to 19496.36%6.02%
1939 or Earlier24.26%13.15%

The median home value in Republic, MI, is $73,200. Home appreciation is -4.09% over the last year. The median age of Republic, MI, real estate is 44 years.

Republic, MI Apartments and Rentals

Renters make up 3.99% of the Republic, MI, population. 56.07% of houses and apartments in Republic, MI, are unoccupied (vacancy rate).


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