Mackinac Island, MI Housing

Mackinac Island, MI is a popular tourist destination that is known for its beautiful views and unique culture. The housing market in this area has been strong, with the median value of houses being $438,400 compared to the US median house value of $338,100. Additionally, over the past year there has been an impressive appreciation rate of 16.52%, which is higher than the national average of 8.27%. It's no wonder that people are flocking to Mackinac Island as it offers a great opportunity for those looking to invest in real estate.

The median home cost in Mackinac Island is $438,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Mackinac Island is up 21.4%.

Average Age of Homes

- The median age of Mackinac Island real estate is 37 years old

The Rental Market in Mackinac Island

- Renters make up 15.3% of the Mackinac Island population
- 3.8% of houses and apartments in Mackinac Island, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mackinac Island, Michigan	United States
	1,067.0	139,647,020.0
	55	42
	$438,400	$338,100
	21.4%	16.6%
	68.6%	57.0%
	98.7%	101.1%
	$9.59	$10.98
	$4,053	$2,690
	14.2%	57.4%
	60.3%	11.2%
	25.5%	31.4%
Vacant Housing
	3.8%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	27.3%	3.6%
	28.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	5.9%	2.8%
	1.3%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	6.6%	13.0%
	19.1%	20.1%
	13.8%	13.6%
	14.5%	8.3%
	10.5%	9.7%
	12.5%	3.9%
	9.9%	2.2%
	4.6%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	9.0%	13.6%
	17.8%	13.2%
	7.2%	14.8%
	9.0%	13.6%
	1.5%	10.0%
	0.6%	4.7%
	43.2%	12.2%