Woodhaven, MI Housing

Woodhaven, MI is a great place to invest in housing. The median value of housing in Woodhaven is $229,200, which is considerably lower than the US median value of $338,100. Despite this difference, it is a worthwhile investment as the 1 year house appreciation rate in Woodhaven is 8.47%, higher than that of the entire US at 8.27%. This makes investing in Woodhaven an attractive option for potential buyers.

The median home cost in Woodhaven is $229,200. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Woodhaven is up 13.1%.

Average Age of Homes

- The median age of Woodhaven real estate is 38 years old

The Rental Market in Woodhaven

- Renters make up 25.5% of the Woodhaven population
- 2.6% of houses and apartments in Woodhaven, 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	Woodhaven, Michigan	United States
	5,758.0	139,647,020.0
	43	42
	$229,200	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$19.68	$10.98
	$3,629	$2,690
	72.4%	57.4%
	4.0%	11.2%
	23.6%	31.4%
Vacant Housing
	2.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.2%	2.4%
	0.2%	2.8%
	0.9%	3.9%
	2.4%	4.5%
	21.8%	11.3%
	32.0%	13.0%
	36.1%	20.1%
	3.7%	13.6%
	0.8%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	17.0%	13.6%
	6.9%	13.2%
	38.0%	14.8%
	17.0%	13.6%
	4.2%	10.0%
	2.4%	4.7%
	1.8%	12.2%