Ontonagon County, MI Housing

Ontonagon, MI County has a median housing value of $99,300, which is significantly lower than the US median housing value of $338,100. Despite this difference in price, Ontonagon has seen an impressive appreciation rate for housing over the past year - 15.49%, compared to the 8.27% national average. This leads to a conclusion that Ontonagon is an attractive location for those looking to purchase a home at a more affordable price while still seeing great returns on their investment.

The median home cost in Ontonagon County is $99,300. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Ontonagon County is up 18.2%.

Average Age of Homes

- The median age of Ontonagon County real estate is 57 years old

The Rental Market in Ontonagon County

- Renters make up 7.3% of the Ontonagon County population
- 0.8% of houses and apartments in Ontonagon County, 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	Ontonagon, Michigan	United States
	5,295.0	139,647,020.0
	59	42
	$99,300	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$13.98	$10.98
	$1,072	$2,690
	45.8%	57.4%
	48.8%	11.2%
	5.4%	31.4%
Vacant Housing
	0.8%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.1%	0.4%
	42.7%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	16.2%	2.4%
	18.4%	2.8%
	13.4%	3.9%
	8.9%	4.5%
	15.4%	11.3%
	8.1%	13.0%
	9.9%	20.1%
	3.3%	13.6%
	1.2%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	8.5%	13.6%
	9.6%	13.2%
	16.3%	14.8%
	8.5%	13.6%
	12.4%	10.0%
	7.5%	4.7%
	28.2%	12.2%

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