Zip 48738 (Greenbush, MI) Housing

Housing in 48738 Greenbush, MI is relatively affordable compared to the rest of the United States. The median value of homes in Greenbush is $142,300, while the US median house value is $338,100. This means that housing in Greenbush can be up to nearly 2.4 times cheaper than the national average for a similar property. Furthermore, houses in Greenbush have appreciated by 9.81% over the past year while nationally house prices have appreciated 8.27%. This data indicates that housing in Greenbush may be a good investment opportunity compared to more expensive locations elsewhere in the country.

The median home cost in Greenbush (zip 48738) is $142,300. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Greenbush (zip 48738) is up 14.8%.

Average Age of Homes

- The median age of Greenbush (zip 48738) real estate is 49 years old

The Rental Market in Greenbush (zip 48738)

- Renters make up 3.3% of the Greenbush (zip 48738) population
- 0.6% of houses and apartments in Greenbush (zip 48738), 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	Greenbush, Michigan	United States
	1,432.0	139,647,020.0
	53	42
	$142,300	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$11.04	$10.98
	$1,346	$2,690
	35.2%	57.4%
	61.1%	11.2%
	3.7%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.7%	0.4%
	56.4%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	3.6%	2.4%
	6.9%	2.8%
	20.2%	3.9%
	9.9%	4.5%
	14.9%	11.3%
	13.3%	13.0%
	20.0%	20.1%
	4.6%	13.6%
	1.2%	8.3%
	1.2%	9.7%
	0.0%	3.9%
	1.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.3%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	4.6%	13.6%
	6.4%	13.2%
	22.8%	14.8%
	4.6%	13.6%
	20.3%	10.0%
	6.4%	4.7%
	6.1%	12.2%

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