Zip 48615 (Breckenridge, MI) Housing

The housing market in 48615 Breckenridge, MI is quite strong. The median value for a home in the area is $136,200, significantly lower than the US house median value of $338,100. However, the one year appreciation rate for homes in this area is an impressive 9.86%, higher than the national average of 8.27%. This means that if you invest in a home in 48615 Breckenridge, MI now, you can expect to see returns on your investment sooner rather than later.

The median home cost in Breckenridge (zip 48615) is $136,200. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Breckenridge (zip 48615) is up 15.7%.

Average Age of Homes

- The median age of Breckenridge (zip 48615) real estate is 52 years old

The Rental Market in Breckenridge (zip 48615)

- Renters make up 19.1% of the Breckenridge (zip 48615) population
- 0.9% of houses and apartments in Breckenridge (zip 48615), 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	Breckenridge, Michigan	United States
	1,169.0	139,647,020.0
	53	42
	$136,200	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$14.79	$10.98
	$1,516	$2,690
	72.5%	57.4%
	6.3%	11.2%
	21.2%	31.4%
Vacant Housing
	0.9%	1.9%
	0.6%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	2.1%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	1.7%	2.4%
	9.0%	2.8%
	17.4%	3.9%
	17.7%	4.5%
	22.0%	11.3%
	16.5%	13.0%
	9.1%	20.1%
	1.1%	13.6%
	2.4%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.2%	13.6%
	3.2%	13.6%
	13.4%	13.6%
	8.7%	13.2%
	20.0%	14.8%
	13.4%	13.6%
	13.8%	10.0%
	6.3%	4.7%
	18.9%	12.2%

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