Zip 48072 (Berkley, MI) Housing

The housing in 48072 Berkley, MI is quite attractive compared to the rest of the US. The median value for housing in this area is $272,200 which is significantly lower than the US house median value of $338,100. Although the 1 year appreciation rate of 8.27% for houses in the US is higher than the 7.58% in 48072 Berkley, MI; this place still remains an attractive option for potential home buyers looking to purchase a property at a reasonable price.

The median home cost in Berkley (zip 48072) is $272,200. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Berkley (zip 48072) is up 10.8%.

Average Age of Homes

- The median age of Berkley (zip 48072) real estate is 67 years old

The Rental Market in Berkley (zip 48072)

- Renters make up 19.3% of the Berkley (zip 48072) population
- 0.3% of houses and apartments in Berkley (zip 48072), 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	Berkley, Michigan	United States
	7,252.0	139,647,020.0
	72	42
	$272,200	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$14.52	$10.98
	$3,459	$2,690
	81.8%	57.4%
	2.6%	11.2%
	15.6%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.4%	2.4%
	0.3%	2.8%
	1.6%	3.9%
	1.7%	4.5%
	6.0%	11.3%
	19.3%	13.0%
	46.5%	20.1%
	16.6%	13.6%
	5.5%	8.3%
	1.7%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	2.0%	13.6%
	2.0%	13.6%
	2.4%	13.6%
	1.9%	13.2%
	5.0%	14.8%
	2.4%	13.6%
	26.1%	10.0%
	37.3%	4.7%
	15.2%	12.2%

Reviews for Berkley

See all (0)

Write a Review

Start Your Review of Berkley

Commute