The housing in Chippewa Lake, MI (49320) is quite affordable compared to the US median value. The median housing value in this area is $156,200, while the US median house value is approximately $338,100. Furthermore, the 1 year appreciation for houses in Chippewa Lake is 12.54%, higher than the US average of 8.27%. This suggests that property values are increasing at a faster rate than most parts of the country, making it a great investment opportunity for those looking for real estate appreciation potential.
The median home cost in Chippewa Lake (zip 49320) is $156,200. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Chippewa Lake (zip 49320) is up 16.2%.
Average Age of Homes
- The median age of Chippewa Lake (zip 49320) real estate is 26 years old
The Rental Market in Chippewa Lake (zip 49320)
- Renters make up 4.5% of the Chippewa Lake (zip 49320) population
- 0.0% of houses and apartments in Chippewa Lake (zip 49320), 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.