Zip 49013 (Bangor, MI) Housing

The housing market in Bangor, MI (49013) is thriving. The median value of homes in this area is $127,700, which is significantly lower than the US median value of $338,100. Over the past year, the appreciation rate for houses in this city has been 10.54%, higher than the national average of 8.27%. This suggests that house prices in Bangor are continuing to rise at a steady pace and that now may be an ideal time to invest in real estate here.

The median home cost in Bangor (zip 49013) is $127,700. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Bangor (zip 49013) is up 14.9%.

Average Age of Homes

- The median age of Bangor (zip 49013) real estate is 46 years old

The Rental Market in Bangor (zip 49013)

- Renters make up 21.0% of the Bangor (zip 49013) population
- 1.2% of houses and apartments in Bangor (zip 49013), 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	Bangor, Michigan	United States
	2,266.0	139,647,020.0
	48	42
	$127,700	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$14.82	$10.98
	$1,643	$2,690
	62.8%	57.4%
	20.6%	11.2%
	16.5%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	8.3%	3.6%
	9.9%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	5.5%	2.4%
	7.7%	2.8%
	12.2%	3.9%
	11.8%	4.5%
	28.1%	11.3%
	16.6%	13.0%
	10.1%	20.1%
	4.1%	13.6%
	0.1%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.5%	13.6%
	11.5%	13.6%
	11.1%	13.6%
	14.4%	13.2%
	14.0%	14.8%
	11.1%	13.6%
	11.7%	10.0%
	7.0%	4.7%
	18.8%	12.2%

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