Housing in 48165 New Hudson, MI is quite expensive compared to the US average. The median value of homes in this area is $392,700, which is much higher than the national median of $338,100. This shows that the housing market here is competitive and desirable. Furthermore, over the last year, there was an appreciation of 8.47%, which was slightly higher than the US average of 8.27%. Therefore those looking to buy a home in 48165 New Hudson, MI will have to act quickly if they are looking for a good deal on a house.
The median home cost in New Hudson (zip 48165) is $392,700. Home appreciation the last 10 years has been 109.8%. Home Appreciation in New Hudson (zip 48165) is up 13.1%.
Average Age of Homes
- The median age of New Hudson (zip 48165) real estate is 24 years old
The Rental Market in New Hudson (zip 48165)
- Renters make up 22.4% of the New Hudson (zip 48165) population
- 2.5% of houses and apartments in New Hudson (zip 48165), 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.