The housing market in 48860 Muir, MI has seen significant growth in recent years. The median value of homes in the area is $160,300, which is significantly lower than the national median of $338,100. However, the one year house appreciation rate is 8.98%, which is slightly higher than the national average of 8.27%. This means that home values have been steadily increasing for the past year and it looks as if they will continue to do so in the future. It's definitely a great time to invest in real estate in this area!
The median home cost in Muir (zip 48860) is $160,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Muir (zip 48860) is up 12.2%.
Average Age of Homes
- The median age of Muir (zip 48860) real estate is 44 years old
The Rental Market in Muir (zip 48860)
- Renters make up 21.4% of the Muir (zip 48860) population
- 0.0% of houses and apartments in Muir (zip 48860), 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.