Housing in 48131 Dundee, MI is relatively affordable compared to the US median value of $338,100. The median value for housing in 48131 Dundee is $245,000 which is significantly lower than the national average. In the past year alone, the appreciation rate for housing in 48131 Dundee was 8.47%, slightly higher than the national average of 8.27%. This indicates that housing values are increasing at a healthy rate and can be a good indicator for potential investment opportunities.
The median home cost in Dundee (zip 48131) is $245,000. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Dundee (zip 48131) is up 13.1%.
Average Age of Homes
- The median age of Dundee (zip 48131) real estate is 45 years old
The Rental Market in Dundee (zip 48131)
- Renters make up 24.4% of the Dundee (zip 48131) population
- 1.0% of houses and apartments in Dundee (zip 48131), 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.