The housing market in 48701 Akron, MI is doing very well. The median housing value in this area is $100,800, which is significantly lower than the US house median value of $338,100. Moreover, the house appreciation rate in the last year has been 9.81%, which is higher than the national average of 8.27%. This indicates that housing prices are rising steadily and people are investing in property here. Overall, housing in 48701 Akron, MI looks to be on an upward trend and is a great place for people to invest in real estate.
The median home cost in Akron (zip 48701) is $100,800. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Akron (zip 48701) is up 14.8%.
Average Age of Homes
- The median age of Akron (zip 48701) real estate is 62 years old
The Rental Market in Akron (zip 48701)
- Renters make up 13.6% of the Akron (zip 48701) population
- 0.0% of houses and apartments in Akron (zip 48701), 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.