Zip 49031 (Cassopolis, MI) Housing

The housing market in 49031 Cassopolis, MI is doing well. According to the given content, the median value of housing in this area is $202,600 which is lower than the US house median value of $338,100. However, the one year appreciation rate of house prices in this area is 10.54%, higher than the US average 1 year appreciation rate of 8.27%. This indicates that real estate in this area is gaining value quickly and may be a good investment option for potential buyers.

The median home cost in Cassopolis (zip 49031) is $202,600. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Cassopolis (zip 49031) is up 14.9%.

Average Age of Homes

- The median age of Cassopolis (zip 49031) real estate is 42 years old

The Rental Market in Cassopolis (zip 49031)

- Renters make up 14.8% of the Cassopolis (zip 49031) population
- 1.5% of houses and apartments in Cassopolis (zip 49031), 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	Cassopolis, Michigan	United States
	4,191.0	139,647,020.0
	46	42
	$202,600	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$10.49	$10.98
	$1,694	$2,690
	60.3%	57.4%
	21.7%	11.2%
	18.0%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	12.6%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	3.3%	2.4%
	5.7%	2.8%
	7.1%	3.9%
	12.7%	4.5%
	12.4%	11.3%
	11.8%	13.0%
	16.4%	20.1%
	5.4%	13.6%
	3.4%	8.3%
	10.2%	9.7%
	4.8%	3.9%
	1.1%	2.2%
	0.6%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	14.6%	13.6%
	8.8%	13.2%
	14.0%	14.8%
	14.6%	13.6%
	8.8%	10.0%
	6.4%	4.7%
	21.2%	12.2%

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