Zip 49601 (Cadillac, MI) Housing

The housing market in Cadillac, MI (49601) is a great investment right now! According to the data, the median value for a house in this area is $173,000, which is quite a bit lower than the US House Median Value of $338,100. However, there is also much higher gains potential as well - the US House Appreciation rate over one year is 8.27%, while the appreciation rate in Cadillac over one year stands at 15.49%. This makes it an especially attractive place to invest in real estate right now and could yield great returns in the future.

The median home cost in Cadillac (zip 49601) is $173,000. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Cadillac (zip 49601) is up 19.8%.

Average Age of Homes

- The median age of Cadillac (zip 49601) real estate is 44 years old

The Rental Market in Cadillac (zip 49601)

- Renters make up 21.6% of the Cadillac (zip 49601) population
- 2.8% of houses and apartments in Cadillac (zip 49601), 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	Cadillac, Michigan	United States
	10,543.0	139,647,020.0
	44	42
	$173,000	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$13.31	$10.98
	$1,726	$2,690
	63.8%	57.4%
	17.2%	11.2%
	19.0%	31.4%
Vacant Housing
	2.8%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	11.7%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	5.1%	2.4%
	6.3%	2.8%
	12.8%	3.9%
	9.0%	4.5%
	20.6%	11.3%
	18.5%	13.0%
	14.8%	20.1%
	5.1%	13.6%
	1.9%	8.3%
	1.9%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.7%	13.6%
	16.7%	13.6%
	15.0%	13.6%
	12.0%	13.2%
	12.1%	14.8%
	15.0%	13.6%
	9.6%	10.0%
	6.6%	4.7%
	16.8%	12.2%

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