Housing in 48880 St. Louis, MI is highly affordable compared to the US average of $338,100. The median value for housing in this area is $120,500, which is significantly lower than the national median. The rate of house appreciation is also higher in this region than the national average, at 8.98%. It has been noted that this area has great potential for investors and those looking to purchase a home as it offers an excellent opportunity for growth. This makes it an ideal location for those seeking a good investment or a comfortable place to call home.
The median home cost in St. Louis (zip 48880) is $120,500. Home appreciation the last 10 years has been 96.0%. Home Appreciation in St. Louis (zip 48880) is up 12.2%.
Average Age of Homes
- The median age of St. Louis (zip 48880) real estate is 54 years old
The Rental Market in St. Louis (zip 48880)
- Renters make up 22.8% of the St. Louis (zip 48880) population
- 1.3% of houses and apartments in St. Louis (zip 48880), 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.