Zip 48618 (Coleman, MI) Housing

Coleman, MI is an ideal place to invest in real estate due to its steadily increasing housing median value of $144,300. This is significantly lower than the US House Median Value of $338,100 and is further supported by higher appreciation over the past one year at 9.86%, compared to the national average of 8.27%. All these factors offer an attractive opportunity for anyone looking for a safe and lucrative investment option in Coleman, MI.

The median home cost in Coleman (zip 48618) is $144,300. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Coleman (zip 48618) is up 15.7%.

Average Age of Homes

- The median age of Coleman (zip 48618) real estate is 42 years old

The Rental Market in Coleman (zip 48618)

- Renters make up 17.5% of the Coleman (zip 48618) population
- 1.6% of houses and apartments in Coleman (zip 48618), 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	Coleman, Michigan	United States
	2,403.0	139,647,020.0
	45	42
	$144,300	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$15.46	$10.98
	$1,544	$2,690
	73.8%	57.4%
	12.8%	11.2%
	13.4%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.7%	0.4%
	7.4%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	5.1%	2.6%
	4.9%	2.4%
	13.8%	2.8%
	14.6%	3.9%
	11.6%	4.5%
	22.8%	11.3%
	9.0%	13.0%
	13.9%	20.1%
	3.2%	13.6%
	0.2%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	16.0%	13.6%
	13.6%	13.2%
	16.5%	14.8%
	16.0%	13.6%
	6.5%	10.0%
	5.5%	4.7%
	16.8%	12.2%

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