Zip 49916 (Chassell, MI) Housing

The housing market in 49916 Chassell, MI is a great deal for prospective buyers. The median value of homes in this area is $189,200, which is significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Chassell is 12.24%, which is higher than the US national average of 8.27%. This means that buying a house now can potentially be a sound investment for future gain.

The median home cost in Chassell (zip 49916) is $189,200. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Chassell (zip 49916) is up 18.2%.

Average Age of Homes

- The median age of Chassell (zip 49916) real estate is 51 years old

The Rental Market in Chassell (zip 49916)

- Renters make up 12.3% of the Chassell (zip 49916) population
- 3.9% of houses and apartments in Chassell (zip 49916), 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	Chassell, Michigan	United States
	1,660.0	139,647,020.0
	47	42
	$189,200	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$12.29	$10.98
	$2,059	$2,690
	59.3%	57.4%
	26.8%	11.2%
	13.9%	31.4%
Vacant Housing
	3.9%	1.9%
	0.8%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	12.5%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.9%	2.4%
	4.0%	2.8%
	9.4%	3.9%
	7.3%	4.5%
	17.8%	11.3%
	16.0%	13.0%
	23.9%	20.1%
	12.7%	13.6%
	1.1%	8.3%
	3.1%	9.7%
	0.0%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	13.5%	13.6%
	10.9%	13.2%
	22.7%	14.8%
	13.5%	13.6%
	5.9%	10.0%
	3.4%	4.7%
	25.4%	12.2%

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