Overisel, MI Housing

Housing in Overisel, MI is significantly more expensive than the national median value. The median house value in the city is $405,400, which is much higher than the US house median of $338,100. Additionally, the one-year appreciation rate of houses in Overisel is 13.62%, far higher than the 8.27% rate for houses across the nation. This indicates that even though housing in Overisel may be expensive up front, it could be a great long-term investment as its value should increase over time at a faster rate than other areas of the country.

The median home cost in Overisel is $405,400. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Overisel is up 16.5%.

Average Age of Homes

- The median age of Overisel real estate is 48 years old

The Rental Market in Overisel

- Renters make up 4.9% of the Overisel population
- 0.5% of houses and apartments in Overisel, 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	Overisel, Michigan	United States
	1,012.0	139,647,020.0
	51	42
	$405,400	$338,100
	16.5%	16.6%
	63.3%	57.0%
	124.7%	101.1%
	$11.36	$10.98
	$2,937	$2,690
	85.5%	57.4%
	4.4%	11.2%
	10.1%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.7%	4.5%
	10.4%	11.3%
	15.3%	13.0%
	33.2%	20.1%
	21.7%	13.6%
	10.8%	8.3%
	3.2%	9.7%
	0.0%	3.9%
	1.3%	2.2%
	1.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	13.1%	13.6%
	8.3%	13.2%
	9.3%	14.8%
	13.1%	13.6%
	12.0%	10.0%
	7.1%	4.7%
	20.1%	12.2%