The housing market in Fraser, MI (48026) is slightly below the national median value of $338,100. The median housing value in Fraser is $202,300, which represents about a 40% difference compared to the national average. Despite the lower value, the area has experienced a healthy appreciation rate of 7.58% over the past year compared to the national rate of 8.27%. This suggests that although home values in Fraser are currently lower than many other parts of the country, there is still significant potential for growth in this area.
The median home cost in Fraser (zip 48026) is $202,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Fraser (zip 48026) is up 10.8%.
Average Age of Homes
- The median age of Fraser (zip 48026) real estate is 46 years old
The Rental Market in Fraser (zip 48026)
- Renters make up 27.0% of the Fraser (zip 48026) population
- 0.0% of houses and apartments in Fraser (zip 48026), 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.