Housing in Kalkaska, MI has seen significant appreciation over the past year. The median value of a home in Kalkaska is currently $156,600, which is significantly lower than the US median value of $338,100. This difference in price point has allowed for more affordable housing options for those looking to buy a home in Kalkaska. Despite the lower cost of housing compared to the rest of the US, the 1 year house appreciation rate for Kalkaska is 15.49%, which is higher than the national average of 8.27%. This trend suggests that now is a good time to purchase a home in Kalkaska as prices are likely to rise even further.
The median home cost in Kalkaska (zip 49646) is $156,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Kalkaska (zip 49646) is up 19.8%.
Average Age of Homes
- The median age of Kalkaska (zip 49646) real estate is 39 years old
The Rental Market in Kalkaska (zip 49646)
- Renters make up 15.1% of the Kalkaska (zip 49646) population
- 1.2% of houses and apartments in Kalkaska (zip 49646), 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.