In 48415 Birch Run, MI the median value of a house is $196,700 which is significantly lower than the US House Median Value of $338,100. However, in terms of appreciation over the past year houses have had an appreciation rate of 6.41%, just a bit below the US House Appreciation rate of 8.27%. Overall, this indicates that Birch Run is still an affordable area for potential homeowners looking for housing at a reasonable price.
The median home cost in Birch Run (zip 48415) is $196,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Birch Run (zip 48415) is up 12.8%.
Average Age of Homes
- The median age of Birch Run (zip 48415) real estate is 44 years old
The Rental Market in Birch Run (zip 48415)
- Renters make up 10.9% of the Birch Run (zip 48415) population
- 4.7% of houses and apartments in Birch Run (zip 48415), 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.