Zip 48114 (Brighton, MI) Housing

The housing in 48114 Brighton, MI is a great investment. The median value of housing in the area is $390,000 which is significantly higher than the US house median value of $338,100. Additionally, the one year house appreciation in 48114 Brighton, MI is 8.47%, which exceeds the national average of 8.27%. This indicates that buying a property in the area will be a secure and potentially profitable venture.

The median home cost in Brighton (zip 48114) is $390,000. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Brighton (zip 48114) is up 13.1%.

Average Age of Homes

- The median age of Brighton (zip 48114) real estate is 32 years old

The Rental Market in Brighton (zip 48114)

- Renters make up 5.2% of the Brighton (zip 48114) population
- 0.5% of houses and apartments in Brighton (zip 48114), 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	Brighton, Michigan	United States
	8,185.0	139,647,020.0
	35	42
	$390,000	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$9.96	$10.98
	$3,122	$2,690
	89.0%	57.4%
	2.1%	11.2%
	8.9%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	0.8%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	2.0%	2.4%
	2.0%	2.8%
	1.1%	3.9%
	0.9%	4.5%
	2.5%	11.3%
	6.9%	13.0%
	26.6%	20.1%
	26.4%	13.6%
	15.4%	8.3%
	8.9%	9.7%
	2.5%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.1%	13.6%
	10.1%	13.6%
	24.7%	13.6%
	16.5%	13.2%
	23.5%	14.8%
	24.7%	13.6%
	4.1%	10.0%
	3.1%	4.7%
	1.7%	12.2%

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