The housing market in Marcellus, MI (49067) is vibrant. The median value of homes in this area is $188,500, which is considerably lower than the national median value of $338,100. Over the past year, the appreciation rate for homes rose to 10.54%. This is higher than the national appreciation rate of 8.27%, showing that this area has a strong and growing housing market. With such a low median value and high appreciation rate, Marcellus, MI is an attractive option for potential buyers looking for an affordable house with a good return on investment.
The median home cost in Marcellus (zip 49067) is $188,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Marcellus (zip 49067) is up 14.9%.
Average Age of Homes
- The median age of Marcellus (zip 49067) real estate is 47 years old
The Rental Market in Marcellus (zip 49067)
- Renters make up 11.0% of the Marcellus (zip 49067) population
- 1.2% of houses and apartments in Marcellus (zip 49067), 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.