Zip 49038 (Coloma, MI) Housing

The housing market in Coloma, MI (49038) is currently thriving. The median value of homes in the area is $199,800, which is significantly lower than the US median value of $338,100. However, the appreciation rate for homes in Coloma in the past year has been higher than that of the US as a whole at 10.54%. This makes Coloma an attractive option for potential homeowners looking for an affordable area with strong potential returns on their investment.

The median home cost in Coloma (zip 49038) is $199,800. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Coloma (zip 49038) is up 14.9%.

Average Age of Homes

- The median age of Coloma (zip 49038) real estate is 52 years old

The Rental Market in Coloma (zip 49038)

- Renters make up 12.9% of the Coloma (zip 49038) population
- 2.0% of houses and apartments in Coloma (zip 49038), 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	Coloma, Michigan	United States
	5,156.0	139,647,020.0
	53	42
	$199,800	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$12.82	$10.98
	$1,800	$2,690
	54.2%	57.4%
	27.2%	11.2%
	18.6%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	22.0%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	1.4%	2.4%
	4.1%	2.8%
	16.9%	3.9%
	9.4%	4.5%
	17.1%	11.3%
	17.8%	13.0%
	19.1%	20.1%
	2.9%	13.6%
	0.0%	8.3%
	4.7%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.5%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	9.7%	13.6%
	14.5%	13.2%
	13.6%	14.8%
	9.7%	13.6%
	23.0%	10.0%
	8.4%	4.7%
	12.7%	12.2%

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