Zip 49618 (Boon, MI) Housing

The housing market in Boon, MI (49618) is thriving. The median value of a home in this area is $178,500, which is significantly lower than the US house median value of $338,100. Furthermore, the 1 year House appreciation rate for Boon, MI is 19.80%, which is higher than the national rate of 8.27%. This indicates that investing in real estate in this region would be a wise decision as there is potential for significant returns in a relatively short period of time.

The median home cost in Boon (zip 49618) is $178,500. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Boon (zip 49618) is up 19.8%.

Average Age of Homes

- The median age of Boon (zip 49618) real estate is 39 years old

The Rental Market in Boon (zip 49618)

- Renters make up 9.2% of the Boon (zip 49618) population
- 0.0% of houses and apartments in Boon (zip 49618), 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	Boon, Michigan	United States
	494.0	139,647,020.0
	38	42
	$178,500	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$12.83	$10.98
	$1,407	$2,690
	64.2%	57.4%
	26.5%	11.2%
	9.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	24.1%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	2.2%	2.4%
	6.9%	2.8%
	7.3%	3.9%
	15.5%	4.5%
	20.2%	11.3%
	12.3%	13.0%
	26.5%	20.1%
	2.5%	13.6%
	1.6%	8.3%
	0.0%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	28.3%	13.6%
	8.1%	13.2%
	16.2%	14.8%
	28.3%	13.6%
	4.9%	10.0%
	2.0%	4.7%
	18.0%	12.2%

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