Zip 48131 (Dundee, MI) Housing


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United States / Michigan / Monroe Metro Area / Monroe County / No City / Dundee (zip 48131)
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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingDundee, MichiganUnited States
  3,653.0139,647,020.0
  3742
  $245,000$338,100
  13.1%16.6%
  49.3%57.0%
  109.8%101.1%
  $11.57$10.98
  $2,422$2,690
  66.1%57.4%
  5.8%11.2%
  28.1%31.4%
  Vacant Housing
  1.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.9%0.4%
  0.0%3.6%
  4.0%4.1%
  Value of Owner-Occupied Housing
  3.2%2.6%
  3.7%2.4%
  2.2%2.8%
  2.2%3.9%
  7.9%4.5%
  9.1%11.3%
  17.6%13.0%
  37.5%20.1%
  12.2%13.6%
  1.7%8.3%
  0.9%9.7%
  0.0%3.9%
  0.0%2.2%
  1.7%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  24.5%13.6%
  24.5%13.6%
  9.9%13.6%
  5.7%13.2%
  10.5%14.8%
  9.9%13.6%
  7.7%10.0%
  7.7%4.7%
  17.7%12.2%
Commute