Zip 48382 (Commerce Township, MI) Housing

The housing in 48382 Commerce Township, MI has a median value of $407,600, which is substantially higher than the national median value of $338,100. The US house appreciation rate over the past year has been 8.27%, and the appreciation rate in 48382 Commerce Township, MI for the same time frame is 8.00%. This indicates that although house prices have generally been appreciating across the country, this location has seen slightly slower growth in terms of home values.

The median home cost in Commerce Township (zip 48382) is $407,600. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Commerce Township (zip 48382) is up 11.2%.

Average Age of Homes

- The median age of Commerce Township (zip 48382) real estate is 36 years old

The Rental Market in Commerce Township (zip 48382)

- Renters make up 6.3% of the Commerce Township (zip 48382) population
- 0.0% of houses and apartments in Commerce Township (zip 48382), 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	Commerce Township, Michigan	United States
	8,862.0	139,647,020.0
	37	42
	$407,600	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$11.59	$10.98
	$3,805	$2,690
	88.2%	57.4%
	4.6%	11.2%
	7.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.5%	0.4%
	2.0%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.4%	2.4%
	0.2%	2.8%
	0.4%	3.9%
	1.1%	4.5%
	4.2%	11.3%
	11.1%	13.0%
	25.0%	20.1%
	25.5%	13.6%
	17.2%	8.3%
	10.0%	9.7%
	3.3%	3.9%
	1.1%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	16.5%	13.6%
	16.5%	13.6%
	19.9%	13.6%
	10.6%	13.2%
	16.3%	14.8%
	19.9%	13.6%
	9.2%	10.0%
	4.0%	4.7%
	4.3%	12.2%

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