Zip 49302 (Alto, MI) Housing

Housing in 49302 Alto, MI is very strong and desirable. The median value of a home in this area is $388,300, far higher than the US median of $338,100. Additionally, house appreciation in the past year has been 12.54%, significantly higher than the US average of 8.27%. This makes housing in 49302 Alto, MI a great investment for those looking to buy into this market.

The median home cost in Alto (zip 49302) is $388,300. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Alto (zip 49302) is up 16.2%.

Average Age of Homes

- The median age of Alto (zip 49302) real estate is 31 years old

The Rental Market in Alto (zip 49302)

- Renters make up 6.2% of the Alto (zip 49302) population
- 0.4% of houses and apartments in Alto (zip 49302), 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	Alto, Michigan	United States
	3,140.0	139,647,020.0
	32	42
	$388,300	$338,100
	16.2%	16.6%
	62.1%	57.0%
	120.9%	101.1%
	$11.18	$10.98
	$3,361	$2,690
	92.8%	57.4%
	3.8%	11.2%
	3.4%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	0.8%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.7%	2.4%
	0.3%	2.8%
	1.3%	3.9%
	0.8%	4.5%
	8.5%	11.3%
	7.4%	13.0%
	30.2%	20.1%
	29.5%	13.6%
	10.8%	8.3%
	8.1%	9.7%
	0.6%	3.9%
	0.6%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.7%	13.6%
	16.7%	13.6%
	22.3%	13.6%
	13.1%	13.2%
	13.3%	14.8%
	22.3%	13.6%
	3.4%	10.0%
	1.7%	4.7%
	11.7%	12.2%

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