Housing in Ithaca, MI (48847) is quite affordable compared to the national median value. The median value for a house here is $149,800 while the US median house value is $338,100. Additionally, the one year appreciation rate in Ithaca is 8.98%, which is just slightly higher than the national average of 8.27%. This indicates that housing prices in this area have been steadily increasing over the past year and that there are likely plenty of opportunities for real estate investments here.
The median home cost in Ithaca (zip 48847) is $149,800. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Ithaca (zip 48847) is up 12.2%.
Average Age of Homes
- The median age of Ithaca (zip 48847) real estate is 55 years old
The Rental Market in Ithaca (zip 48847)
- Renters make up 21.3% of the Ithaca (zip 48847) population
- 0.0% of houses and apartments in Ithaca (zip 48847), 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.