Housing in 48054 East China, MI is significantly lower than the US average of $338,100. The median value in East China is currently $276,900. Despite the lower median value compared to the US average, housing prices in East China have still seen a significant appreciation over the last year with an increase of 7.58%. This is slightly below the 8.27% appreciation rate seen across the US as a whole. Therefore, even though it is cheaper to purchase housing in East China than in other parts of the country, it is still seeing healthy price increases that suggest a strong market for buyers and investors alike.
The median home cost in East China (zip 48054) is $276,900. Home appreciation the last 10 years has been 116.4%. Home Appreciation in East China (zip 48054) is up 10.8%.
Average Age of Homes
- The median age of East China (zip 48054) real estate is 40 years old
The Rental Market in East China (zip 48054)
- Renters make up 15.9% of the East China (zip 48054) population
- 0.7% of houses and apartments in East China (zip 48054), 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.