Zip 48097 (Yale, MI) Housing

Housing in 48097 Yale, MI is very affordable, with the median value being $193,100 compared to the US median value of $338,100. The US housing appreciation rate over the last year was 8.27% while the appreciation rate for Yale was 7.58%. This makes Yale an attractive option for potential homebuyers looking for a budget-friendly option. Overall, housing in 48097 Yale, MI is a great option for those seeking an affordable and appreciating home.

The median home cost in Yale (zip 48097) is $193,100. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Yale (zip 48097) is up 10.8%.

Average Age of Homes

- The median age of Yale (zip 48097) real estate is 47 years old

The Rental Market in Yale (zip 48097)

- Renters make up 17.0% of the Yale (zip 48097) population
- 0.8% of houses and apartments in Yale (zip 48097), 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

Housing	Yale, Michigan	United States
	2,304.0	139,647,020.0
	47	42
	$193,100	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$13.25	$10.98
	$1,852	$2,690
	73.9%	57.4%
	5.3%	11.2%
	20.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	0.3%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	7.3%	2.6%
	2.1%	2.4%
	4.7%	2.8%
	5.5%	3.9%
	11.2%	4.5%
	23.1%	11.3%
	18.6%	13.0%
	17.2%	20.1%
	7.5%	13.6%
	0.5%	8.3%
	2.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.5%	13.6%
	16.5%	13.6%
	15.5%	13.6%
	9.6%	13.2%
	13.3%	14.8%
	15.5%	13.6%
	9.1%	10.0%
	6.8%	4.7%
	23.5%	12.2%

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