Zip 48880 (St. Louis, MI) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSt. Louis, MichiganUnited States
  2,896.0139,647,020.0
  5442
  $120,500$338,100
  12.2%16.6%
  50.1%57.0%
  96.0%101.1%
  $14.98$10.98
  $1,576$2,690
  74.5%57.4%
  9.4%11.2%
  16.2%31.4%
  Vacant Housing
  1.3%1.9%
  1.0%0.4%
  0.0%0.7%
  1.2%0.4%
  2.5%3.6%
  3.3%4.1%
  Value of Owner-Occupied Housing
  4.5%2.6%
  7.3%2.4%
  6.5%2.8%
  15.4%3.9%
  13.3%4.5%
  24.3%11.3%
  14.4%13.0%
  11.2%20.1%
  1.5%13.6%
  1.1%8.3%
  0.4%9.7%
  0.2%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  6.1%13.6%
  6.1%13.6%
  11.6%13.6%
  13.8%13.2%
  11.5%14.8%
  11.6%13.6%
  11.4%10.0%
  7.7%4.7%
  19.5%12.2%
Commute