The housing market in 49958 Pelkie, MI is a great place to invest. The median value of homes is $130,700 which is much lower than the US median value of $338,100. This makes it an attractive option for potential buyers who are looking for a more affordable option. Additionally, the 1 year house appreciation rate is 12.24%, which is higher than the national average of 8.27%. This makes Pelkie an even better investment opportunity as properties tend to increase in value over time. For those looking for a good return on their investment, 49958 Pelkie, MI should be seriously considered as a viable option.
The median home cost in Pelkie (zip 49958) is $130,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Pelkie (zip 49958) is up 18.2%.
Average Age of Homes
- The median age of Pelkie (zip 49958) real estate is 56 years old
The Rental Market in Pelkie (zip 49958)
- Renters make up 5.2% of the Pelkie (zip 49958) population
- 0.0% of houses and apartments in Pelkie (zip 49958), 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.