49103 Berrien Springs, MI is an attractive housing market. The median housing value in the area is $234,900, which is lower than the US median of $338,100. This provides more affordable options for potential buyers. In addition, the 1-year house appreciation rate in the area is 11.06%, significantly higher than the national rate of 8.27%. This suggests that homes in 49103 Berrien Springs, MI are rapidly increasing in value making it a great time to invest in real estate.
The median home cost in Berrien Springs (zip 49103) is $234,900. Home appreciation the last 10 years has been 85.3%. Home Appreciation in Berrien Springs (zip 49103) is up 19.5%.
Average Age of Homes
- The median age of Berrien Springs (zip 49103) real estate is 47 years old
The Rental Market in Berrien Springs (zip 49103)
- Renters make up 27.3% of the Berrien Springs (zip 49103) population
- 0.7% of houses and apartments in Berrien Springs (zip 49103), 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.