Zip 48509 (Burton, MI) Housing

Burton, MI (48509) is an attractive area for housing, with a median value of $155,200. While this is significantly lower than the national house median value of $338,100, it still offers great opportunities for potential buyers. Furthermore, Burton has shown a 1 year house appreciation rate of 3.73%, slightly below the national average of 8.27%. This makes Burton an ideal option for those looking to purchase a home in Michigan and get a decent return on their investment.

The median home cost in Burton (zip 48509) is $155,200. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Burton (zip 48509) is up 8.1%.

Average Age of Homes

- The median age of Burton (zip 48509) real estate is 55 years old

The Rental Market in Burton (zip 48509)

- Renters make up 10.6% of the Burton (zip 48509) population
- 0.5% of houses and apartments in Burton (zip 48509), 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	Burton, Michigan	United States
	4,093.0	139,647,020.0
	63	42
	$155,200	$338,100
	8.1%	16.6%
	55.4%	57.0%
	115.7%	101.1%
	$18.28	$10.98
	$1,987	$2,690
	80.0%	57.4%
	5.4%	11.2%
	14.6%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	1.8%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	3.6%	2.4%
	8.2%	2.8%
	11.9%	3.9%
	16.0%	4.5%
	35.7%	11.3%
	10.9%	13.0%
	9.4%	20.1%
	1.2%	13.6%
	0.0%	8.3%
	1.0%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	9.8%	13.6%
	1.6%	13.2%
	10.2%	14.8%
	9.8%	13.6%
	35.2%	10.0%
	11.4%	4.7%
	10.1%	12.2%

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