Suttons Bay, MI Housing

Suttons Bay, MI is a beautiful and charming town located in the Northern Michigan Region. This small town offers small-town charm and big city amenities. The housing market in Suttons Bay is thriving due to its high median value of $485,200, which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Suttons Bay is 15.49%, far exceeding the US average of 8.27%. This indicates that Suttons Bay is an ideal area for real estate investment, offering both potential for appreciation as well as quality home living.

The median home cost in Suttons Bay is $485,200. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Suttons Bay is up 19.8%.

Average Age of Homes

- The median age of Suttons Bay real estate is 29 years old

The Rental Market in Suttons Bay

- Renters make up 18.9% of the Suttons Bay population
- 10.1% of houses and apartments in Suttons Bay, 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	Suttons Bay, Michigan	United States
	552.0	139,647,020.0
	34	42
	$485,200	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$9.51	$10.98
	$3,653	$2,690
	46.4%	57.4%
	42.6%	11.2%
	11.1%	31.4%
Vacant Housing
	10.1%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	30.8%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.0%	2.4%
	1.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	1.6%	13.0%
	37.9%	20.1%
	9.8%	13.6%
	11.7%	8.3%
	32.0%	9.7%
	2.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.6%	13.6%
	26.6%	13.6%
	10.7%	13.6%
	17.4%	13.2%
	6.2%	14.8%
	10.7%	13.6%
	2.0%	10.0%
	9.6%	4.7%
	14.9%	12.2%