Zip 48187 (Canton, MI) Housing


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Canton, MI (48187) has a median housing value of $326,100. This is slightly below the US median housing value of $338,100. However, it still has seen an impressive 8.47% appreciation in value over the past year - slightly higher than the national average of 8.27%. With its strong appreciation rate and congenial environment Canton remains an attractive area for potential homeowners looking to invest in a property.

The median home cost in Canton (zip 48187) is $326,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Canton (zip 48187) is up 13.1%.

Average Age of Homes
- The median age of Canton (zip 48187) real estate is 38 years old
The Rental Market in Canton (zip 48187)
- Renters make up 26.6% of the Canton (zip 48187) population
- 1.5% of houses and apartments in Canton (zip 48187), 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

  HousingCanton, MichiganUnited States
  20,332.0139,647,020.0
  4142
  $326,100$338,100
  13.1%16.6%
  49.3%57.0%
  109.8%101.1%
  $15.31$10.98
  $4,277$2,690
  67.3%57.4%
  4.8%11.2%
  27.9%31.4%
  Vacant Housing
  1.5%1.9%
  0.3%0.4%
  0.1%0.7%
  0.0%0.4%
  0.1%3.6%
  2.8%4.1%
  Value of Owner-Occupied Housing
  1.7%2.6%
  1.1%2.4%
  0.2%2.8%
  0.4%3.9%
  0.6%4.5%
  2.4%11.3%
  10.0%13.0%
  43.3%20.1%
  20.9%13.6%
  9.3%8.3%
  9.1%9.7%
  0.6%3.9%
  0.2%2.2%
  0.0%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  10.9%13.6%
  10.9%13.6%
  19.7%13.6%
  14.5%13.2%
  40.0%14.8%
  19.7%13.6%
  2.0%10.0%
  0.4%4.7%
  0.6%12.2%
Commute