Zip 48820 (Dewitt, MI) Housing

The housing market in 48820 Dewitt, MI is strong and growing. The median value of a home in Dewitt is $308,700, which is slightly lower than the US median value of $338,100. However, Dewitt has experienced a stronger appreciation rate – 8.98% over the past year compared to the US rate of 8.27%. This suggests that the local housing market has been performing well and will likely continue to do so in the future.

The median home cost in Dewitt (zip 48820) is $308,700. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Dewitt (zip 48820) is up 12.2%.

Average Age of Homes

- The median age of Dewitt (zip 48820) real estate is 29 years old

The Rental Market in Dewitt (zip 48820)

- Renters make up 18.9% of the Dewitt (zip 48820) population
- 0.2% of houses and apartments in Dewitt (zip 48820), 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	Dewitt, Michigan	United States
	6,754.0	139,647,020.0
	35	42
	$308,700	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$15.08	$10.98
	$3,637	$2,690
	83.2%	57.4%
	1.2%	11.2%
	15.6%	31.4%
Vacant Housing
	0.2%	1.9%
	0.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.4%	2.4%
	1.4%	2.8%
	0.3%	3.9%
	1.1%	4.5%
	10.4%	11.3%
	22.4%	13.0%
	26.7%	20.1%
	22.1%	13.6%
	8.1%	8.3%
	4.9%	9.7%
	0.5%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	21.8%	13.6%
	11.7%	13.2%
	15.0%	14.8%
	21.8%	13.6%
	6.1%	10.0%
	1.6%	4.7%
	8.6%	12.2%

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