Housing in 49866 Negaunee, MI is a great investment. The median housing value in the area is $187,300, which is significantly lower than the US median house value of $338,100. In addition, the one-year appreciation rate for houses in this area is 12.90%, compared to the US average of 8.27%. This means that those who invest in a home in Negaunee can expect to see a return on their investment over time. With these factors considered, it's not hard to see why investing in housing in 49866 Negaunee, MI can be a smart decision.
The median home cost in Negaunee (zip 49866) is $187,300. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Negaunee (zip 49866) is up 23.1%.
Average Age of Homes
- The median age of Negaunee (zip 49866) real estate is 56 years old
The Rental Market in Negaunee (zip 49866)
- Renters make up 18.8% of the Negaunee (zip 49866) population
- 0.9% of houses and apartments in Negaunee (zip 49866), 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.