Zip 48015 (Center Line, MI) Housing

The housing median value in 48015 Center Line, MI is $143,600, which is significantly lower than the US House Median Value of $338,100. In the past year, house appreciation has increased 8.27% nationally and 7.58% in 48015 Center Line, MI. This indicates that the housing market is growing at a consistent rate in both locations; however with the lower median value in 48015 Center Line, MI it may be a better option for those looking for an affordable home.

The median home cost in Center Line (zip 48015) is $143,600. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Center Line (zip 48015) is up 10.8%.

Average Age of Homes

- The median age of Center Line (zip 48015) real estate is 63 years old

The Rental Market in Center Line (zip 48015)

- Renters make up 44.0% of the Center Line (zip 48015) population
- 0.0% of houses and apartments in Center Line (zip 48015), 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	Center Line, Michigan	United States
	3,739.0	139,647,020.0
	64	42
	$143,600	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$15.96	$10.98
	$2,805	$2,690
	48.8%	57.4%
	2.0%	11.2%
	49.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	6.6%	2.4%
	3.1%	2.8%
	14.4%	3.9%
	14.2%	4.5%
	31.2%	11.3%
	22.7%	13.0%
	2.2%	20.1%
	0.9%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.4%	13.6%
	0.4%	13.6%
	3.3%	13.6%
	6.9%	13.2%
	15.2%	14.8%
	3.3%	13.6%
	29.9%	10.0%
	19.2%	4.7%
	10.2%	12.2%

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