Zip 48429 (Durand, MI) Housing

Housing in 48429 Durand, MI is more affordable than the rest of the United States. The median value of a home in this location is $159,000, which is less than half of the national median value of $338,100. In the past year, homes have appreciated by 6.41%, significantly lower than the US appreciation rate of 8.27%. This makes Durand an attractive option for potential buyers looking for an affordable place to live.

The median home cost in Durand (zip 48429) is $159,000. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Durand (zip 48429) is up 12.8%.

Average Age of Homes

- The median age of Durand (zip 48429) real estate is 48 years old

The Rental Market in Durand (zip 48429)

- Renters make up 19.9% of the Durand (zip 48429) population
- 1.2% of houses and apartments in Durand (zip 48429), 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	Durand, Michigan	United States
	4,260.0	139,647,020.0
	53	42
	$159,000	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$15.89	$10.98
	$1,892	$2,690
	71.8%	57.4%
	11.1%	11.2%
	17.0%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	4.9%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	7.2%	2.6%
	2.1%	2.4%
	6.3%	2.8%
	10.3%	3.9%
	12.5%	4.5%
	27.0%	11.3%
	16.7%	13.0%
	11.6%	20.1%
	3.5%	13.6%
	1.7%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	9.4%	13.6%
	6.1%	13.2%
	25.8%	14.8%
	9.4%	13.6%
	10.0%	10.0%
	9.9%	4.7%
	22.6%	12.2%

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