The housing market in 49717 Burt Lake, MI is booming. With a median value of $329,700, it's significantly lower than the US House median value of $338,100. The US has seen an impressive 8.27% appreciation in just one year, while the appreciation rate in 49717 Burt Lake is an even more impressive 16.52%. These figures signify that now is a great time to invest in the local housing market and capitalize on the area's growth potential. Here investors can find a wealth of opportunity and take advantage of some of the best house values available in Michigan.
The median home cost in Burt Lake (zip 49717) is $329,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Burt Lake (zip 49717) is up 21.4%.
Average Age of Homes
- The median age of Burt Lake (zip 49717) real estate is 45 years old
The Rental Market in Burt Lake (zip 49717)
- Renters make up 12.8% of the Burt Lake (zip 49717) population
- 0.0% of houses and apartments in Burt Lake (zip 49717), 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.