The housing in 48309 Rochester Hills, MI has a median value of $391,500. This is slightly higher than the US housing median value of $338,100. In the past year, house appreciation in 48309 Rochester Hills, MI is 8.00%, which is very close to the national average of 8.27%. This shows that the housing market in this area is strong and stable. Demand for housing in this area is high due to its prime location and excellent amenities that draw people to the area. Overall, it appears that the 48309 Rochester Hills, MI housing market is healthy and worth investing in.
The median home cost in Rochester Hills (zip 48309) is $391,500. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Rochester Hills (zip 48309) is up 11.2%.
Average Age of Homes
- The median age of Rochester Hills (zip 48309) real estate is 37 years old
The Rental Market in Rochester Hills (zip 48309)
- Renters make up 18.2% of the Rochester Hills (zip 48309) population
- 0.9% of houses and apartments in Rochester Hills (zip 48309), 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.