Zip 48617 (Clare, MI) Housing

The housing median value in Clare, MI (48617) is currently $156,900, which is significantly lower than the US House Median Value of $338,100. Despite this large difference in values, housing appreciation in the Clare area has been relatively on par with the national average. Over the past year, the house appreciation rate rose to 9.86%, only slightly lower than the US 1 year House Appreciation of 8.27%. Therefore, if you are looking for an affordable place to live with a reasonable appreciation rate then Clare could be a great choice.

The median home cost in Clare (zip 48617) is $156,900. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Clare (zip 48617) is up 15.7%.

Average Age of Homes

- The median age of Clare (zip 48617) real estate is 44 years old

The Rental Market in Clare (zip 48617)

- Renters make up 26.5% of the Clare (zip 48617) population
- 3.8% of houses and apartments in Clare (zip 48617), 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	Clare, Michigan	United States
	4,082.0	139,647,020.0
	48	42
	$156,900	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$14.22	$10.98
	$1,853	$2,690
	62.3%	57.4%
	19.3%	11.2%
	18.3%	31.4%
Vacant Housing
	3.8%	1.9%
	1.2%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	11.4%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	2.8%	2.4%
	6.5%	2.8%
	11.3%	3.9%
	9.9%	4.5%
	26.2%	11.3%
	15.6%	13.0%
	17.1%	20.1%
	3.2%	13.6%
	2.7%	8.3%
	1.2%	9.7%
	0.2%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	12.3%	13.6%
	12.3%	13.6%
	14.6%	13.6%
	7.5%	13.2%
	16.9%	14.8%
	14.6%	13.6%
	9.9%	10.0%
	3.9%	4.7%
	18.4%	12.2%

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