Zip 49309 (Bitely, MI) Housing

The housing market in 49309 Bitely, MI is thriving with a median value of $112,000. This number is significantly lower than the US house median value of $338,100 making homes in 49309 Bitely, MI an attractive option for potential buyers. In the last year alone, the appreciation rate for houses in this area was 12.54%, which is far greater than the US national average of 8.27%. The substantial growth of housing prices in this area makes it a great place to invest in real estate and indicates that the local economy is continuing to strengthen.

The median home cost in Bitely (zip 49309) is $112,000. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Bitely (zip 49309) is up 16.2%.

Average Age of Homes

- The median age of Bitely (zip 49309) real estate is 39 years old

The Rental Market in Bitely (zip 49309)

- Renters make up 5.8% of the Bitely (zip 49309) population
- 0.6% of houses and apartments in Bitely (zip 49309), 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	Bitely, Michigan	United States
	2,139.0	139,647,020.0
	43	42
	$112,000	$338,100
	16.2%	16.6%
	62.1%	57.0%
	120.9%	101.1%
	$11.22	$10.98
	$1,111	$2,690
	30.8%	57.4%
	64.5%	11.2%
	4.7%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.1%	0.4%
	61.4%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	5.3%	2.6%
	9.0%	2.4%
	12.8%	2.8%
	13.4%	3.9%
	9.9%	4.5%
	14.3%	11.3%
	16.7%	13.0%
	12.8%	20.1%
	3.5%	13.6%
	1.2%	8.3%
	0.2%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	21.2%	13.6%
	12.7%	13.2%
	17.2%	14.8%
	21.2%	13.6%
	11.2%	10.0%
	4.2%	4.7%
	4.8%	12.2%

Reviews for Bitely

See all (0)

Write a Review

Start Your Review of Bitely

Commute