Housing in 49682 Suttons Bay, MI is a great investment for anyone looking to buy real estate. With the median value at $489,300, it is significantly higher than the US median value of $338,100. Additionally, the 1 year house appreciation in 49682 Suttons Bay is 15.49%, making it nearly double what it was last year and significantly higher than the 8.27% appreciation rate of houses across the country. With such a high appreciation rate and median housing value, buying a home in this area can be an excellent choice for those looking to invest their money while also owning a beautiful property in a wonderful community.
The median home cost in Suttons Bay (zip 49682) is $489,300. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Suttons Bay (zip 49682) is up 19.8%.
Average Age of Homes
- The median age of Suttons Bay (zip 49682) real estate is 28 years old
The Rental Market in Suttons Bay (zip 49682)
- Renters make up 14.4% of the Suttons Bay (zip 49682) population
- 3.2% of houses and apartments in Suttons Bay (zip 49682), 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.