Zip 48809 (Belding, MI) Housing

Housing in 48809 Belding, MI is currently valued at $200,900, which is significantly lower than the US median housing value of $338,100. Although the US housing market appreciated 8.27% in the last year, homes in Belding have seen an even more robust appreciation rate of 8.98%. The current market conditions make Belding a great place for potential homeowners to purchase a home at a relatively affordable cost with expectations for continued appreciation.

The median home cost in Belding (zip 48809) is $200,900. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Belding (zip 48809) is up 12.2%.

Average Age of Homes

- The median age of Belding (zip 48809) real estate is 47 years old

The Rental Market in Belding (zip 48809)

- Renters make up 20.6% of the Belding (zip 48809) population
- 0.7% of houses and apartments in Belding (zip 48809), 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	Belding, Michigan	United States
	4,449.0	139,647,020.0
	56	42
	$200,900	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$13.41	$10.98
	$1,945	$2,690
	65.8%	57.4%
	8.7%	11.2%
	25.6%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.4%	0.4%
	4.2%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	1.0%	2.4%
	4.1%	2.8%
	8.1%	3.9%
	12.3%	4.5%
	22.2%	11.3%
	21.6%	13.0%
	14.9%	20.1%
	7.6%	13.6%
	0.1%	8.3%
	2.1%	9.7%
	1.5%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	12.8%	13.6%
	7.1%	13.2%
	11.6%	14.8%
	12.8%	13.6%
	6.6%	10.0%
	5.7%	4.7%
	33.0%	12.2%

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