Zip 48423 (Davison, MI) Housing

Located in Davison, Michigan, 48423 is a great place to consider for housing values. The median value of housing in 48423 is $218,700, which is much lower than the US median of $338,100. While the US house appreciation rate over the past year has been 8.27%, the one-year house appreciation rate in Davison was 6.41%. This suggests that current prices are still quite reasonable and make Davison an attractive choice for those looking to buy a home.

The median home cost in Davison (zip 48423) is $218,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Davison (zip 48423) is up 12.8%.

Average Age of Homes

- The median age of Davison (zip 48423) real estate is 39 years old

The Rental Market in Davison (zip 48423)

- Renters make up 29.5% of the Davison (zip 48423) population
- 2.1% of houses and apartments in Davison (zip 48423), 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	Davison, Michigan	United States
	15,238.0	139,647,020.0
	43	42
	$218,700	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$14.78	$10.98
	$2,404	$2,690
	63.3%	57.4%
	5.4%	11.2%
	31.3%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	2.6%	2.4%
	2.4%	2.8%
	3.0%	3.9%
	4.3%	4.5%
	26.7%	11.3%
	24.7%	13.0%
	21.5%	20.1%
	8.3%	13.6%
	1.1%	8.3%
	1.2%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	17.6%	13.6%
	9.2%	13.2%
	23.6%	14.8%
	17.6%	13.6%
	9.0%	10.0%
	3.5%	4.7%
	5.0%	12.2%

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