Pelkie, MI Housing

The housing market in Pelkie, MI is strong! The median value for a house in Pelkie is $239,900, which is considerably lower than the US median value of $338,100. What's more, the 1 year appreciation rate for houses in Pelkie is 18.20%, nearly double the US 1 year appreciation rate of 8.27%. This makes Pelkie an attractive option for anyone looking to invest in the real estate market. With such a high appreciation rate and a comparatively lower median value point, buying a house in Pelkie can be quite a lucrative decision.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pelkie, Michigan	United States
	75.0	139,647,020.0
	50	42
	$239,900	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$15.14	$10.98
	$2,052	$2,690
	73.3%	57.4%
	26.7%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	26.7%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	16.4%	11.3%
	0.0%	13.0%
	83.6%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.7%	13.6%
	26.7%	13.6%
	22.7%	13.6%
	0.0%	13.2%
	0.0%	14.8%
	22.7%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	50.7%	12.2%