Zip 49346 (Canadian Lakes, MI) Housing

Housing in 49346 Canadian Lakes, MI is highly valued and appreciated. The median value of a house in this area is $234,800, which is significantly lower than the US House Median Value of $338,100. However, over the past year, the appreciation rate for housing was higher than the national average of 8.27%, with 12.54% growth in Canadian Lakes. This highlights the steady demand for real estate in this area despite relatively lower prices compared to other regions.

The median home cost in Canadian Lakes (zip 49346) is $234,800. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Canadian Lakes (zip 49346) is up 16.2%.

Average Age of Homes

- The median age of Canadian Lakes (zip 49346) real estate is 28 years old

The Rental Market in Canadian Lakes (zip 49346)

- Renters make up 8.0% of the Canadian Lakes (zip 49346) population
- 0.3% of houses and apartments in Canadian Lakes (zip 49346), 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	Canadian Lakes, Michigan	United States
	3,108.0	139,647,020.0
	32	42
	$234,800	$338,100
	16.2%	16.6%
	62.1%	57.0%
	120.9%	101.1%
	$10.11	$10.98
	$1,813	$2,690
	58.2%	57.4%
	35.0%	11.2%
	6.8%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	32.9%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	2.8%	2.4%
	3.9%	2.8%
	5.5%	3.9%
	8.2%	4.5%
	16.2%	11.3%
	18.8%	13.0%
	30.3%	20.1%
	6.0%	13.6%
	3.4%	8.3%
	2.5%	9.7%
	0.3%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	22.2%	13.6%
	20.8%	13.2%
	18.0%	14.8%
	22.2%	13.6%
	2.4%	10.0%
	3.1%	4.7%
	3.4%	12.2%

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