Zip 49918 (Copper Harbor, MI) Housing

Housing in Copper Harbor, MI (49918) is quite valuable compared to the median house value for the United States. The median value of a home in Copper Harbor is $229,700 whereas the US median house value is much higher at $338,100. In addition, the one-year appreciation rate of homes in Copper Harbor has been 12.24%, higher than the national average of 8.27%. This indicates that housing values in Copper Harbor are on the rise and seem to be outpacing many other areas in the country.

The median home cost in Copper Harbor (zip 49918) is $229,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Copper Harbor (zip 49918) is up 18.2%.

Average Age of Homes

- The median age of Copper Harbor (zip 49918) real estate is 46 years old

The Rental Market in Copper Harbor (zip 49918)

- Renters make up 7.7% of the Copper Harbor (zip 49918) population
- 2.9% of houses and apartments in Copper Harbor (zip 49918), 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	Copper Harbor, Michigan	United States
	136.0	139,647,020.0
	59	42
	$229,700	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$12.02	$10.98
	$1,893	$2,690
	33.8%	57.4%
	58.8%	11.2%
	7.4%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	54.4%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	4.3%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	6.5%	11.3%
	26.1%	13.0%
	37.0%	20.1%
	2.2%	13.6%
	4.3%	8.3%
	13.0%	9.7%
	6.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.5%	0.2%
	10.3%	13.6%
	10.3%	13.6%
	9.6%	13.6%
	2.2%	13.2%
	8.1%	14.8%
	9.6%	13.6%
	19.9%	10.0%
	4.4%	4.7%
	23.5%	12.2%

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