Zip 48356 (Highland, MI) Housing

Highland, Michigan is a great place to buy a home. The median value of homes in Highland is $303,300, which is lower than the overall US median home value of $338,100. Despite this difference in value, Highland has seen a comparable level of appreciation in its housing market over the past year. The US has seen an average house appreciation of 8.27%, while Highland has experienced an 8.00% growth rate. These figures indicate that Highland offers potential homeowners great value for their money and stability within the real estate market.

The median home cost in Highland (zip 48356) is $303,300. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Highland (zip 48356) is up 11.2%.

Average Age of Homes

- The median age of Highland (zip 48356) real estate is 43 years old

The Rental Market in Highland (zip 48356)

- Renters make up 10.9% of the Highland (zip 48356) population
- 0.1% of houses and apartments in Highland (zip 48356), 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	Highland, Michigan	United States
	3,371.0	139,647,020.0
	45	42
	$303,300	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$11.20	$10.98
	$3,036	$2,690
	84.6%	57.4%
	7.8%	11.2%
	7.6%	31.4%
Vacant Housing
	0.1%	1.9%
	0.5%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	3.6%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.7%	2.4%
	0.7%	2.8%
	0.0%	3.9%
	1.4%	4.5%
	8.1%	11.3%
	16.7%	13.0%
	29.4%	20.1%
	21.9%	13.6%
	10.1%	8.3%
	6.8%	9.7%
	2.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	13.6%	13.6%
	15.7%	13.2%
	23.1%	14.8%
	13.6%	13.6%
	16.3%	10.0%
	5.9%	4.7%
	8.1%	12.2%

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