Zip 48827 (Eaton Rapids, MI) Housing

Eaton Rapids, MI has a median housing value of $205,300, which is significantly lower than the US median housing value of $338,100. Despite this difference, Eaton Rapids has seen an 8.98% appreciation in house values over the last year, which is slightly higher than the national average of 8.27%. This steady growth in real estate values makes Eaton Rapids an attractive investment opportunity for potential homeowners seeking to purchase a property in the area.

The median home cost in Eaton Rapids (zip 48827) is $205,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Eaton Rapids (zip 48827) is up 12.2%.

Average Age of Homes

- The median age of Eaton Rapids (zip 48827) real estate is 41 years old

The Rental Market in Eaton Rapids (zip 48827)

- Renters make up 18.8% of the Eaton Rapids (zip 48827) population
- 0.0% of houses and apartments in Eaton Rapids (zip 48827), 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	Eaton Rapids, Michigan	United States
	6,446.0	139,647,020.0
	46	42
	$205,300	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$13.64	$10.98
	$2,328	$2,690
	79.7%	57.4%
	6.4%	11.2%
	13.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	1.1%	0.4%
	0.6%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	3.0%	2.4%
	2.0%	2.8%
	3.8%	3.9%
	7.7%	4.5%
	22.8%	11.3%
	18.2%	13.0%
	28.3%	20.1%
	7.6%	13.6%
	2.6%	8.3%
	1.7%	9.7%
	0.3%	3.9%
	0.5%	2.2%
	0.4%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.8%	13.6%
	14.8%	13.6%
	16.4%	13.6%
	8.7%	13.2%
	15.9%	14.8%
	16.4%	13.6%
	7.9%	10.0%
	3.1%	4.7%
	24.0%	12.2%

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