Zip 48009 (Birmingham, MI) Housing

The housing in 48009 Birmingham, MI is slightly more expensive than the US median value, with a median value of $592,900. Despite being slightly pricier, it still maintains a reasonable 1 year house appreciation of 7.58% compared to the national average of 8.27%, which suggests that housing in this area is still a viable investment option for potential buyers looking to invest in property.

The median home cost in Birmingham (zip 48009) is $592,900. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Birmingham (zip 48009) is up 10.8%.

Average Age of Homes

- The median age of Birmingham (zip 48009) real estate is 61 years old

The Rental Market in Birmingham (zip 48009)

- Renters make up 23.3% of the Birmingham (zip 48009) population
- 3.0% of houses and apartments in Birmingham (zip 48009), 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	Birmingham, Michigan	United States
	10,532.0	139,647,020.0
	63	42
	$592,900	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$16.43	$10.98
	$9,534	$2,690
	66.6%	57.4%
	10.9%	11.2%
	22.5%	31.4%
Vacant Housing
	3.0%	1.9%
	1.2%	0.4%
	2.3%	0.7%
	0.7%	0.4%
	1.2%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	0.8%	4.5%
	1.5%	11.3%
	3.5%	13.0%
	11.9%	20.1%
	11.8%	13.6%
	12.7%	8.3%
	20.4%	9.7%
	17.3%	3.9%
	10.3%	2.2%
	5.3%	0.8%
	3.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.8%	13.6%
	10.8%	13.6%
	4.6%	13.6%
	4.8%	13.2%
	7.8%	14.8%
	4.6%	13.6%
	24.1%	10.0%
	14.2%	4.7%
	15.4%	12.2%

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