The median value of housing in 49726 Drummond Island, MI is $181,800, which is much lower than the US median value of $338,100. However, this area saw a 16.52% increase in housing values over the course of one year, significantly higher than the US average of 8.27%. This indicates that this area may have seen an influx of people looking for more affordable real estate with a significant appreciation in return. 49726 Drummond Island, MI offers an attractive housing market for those looking for reasonably priced homes and potential financial gains in the future.
The median home cost in Drummond Island (zip 49726) is $181,800. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Drummond Island (zip 49726) is up 21.4%.
Average Age of Homes
- The median age of Drummond Island (zip 49726) real estate is 31 years old
The Rental Market in Drummond Island (zip 49726)
- Renters make up 4.3% of the Drummond Island (zip 49726) population
- 0.5% of houses and apartments in Drummond Island (zip 49726), 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.