Zip 49730 (Elmira, MI) Housing

Elmira, MI 49730 has an impressive housing median value of $191,400. This is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation in Elmira is 16.52%, which is notably higher than the US 1 year house appreciation of 8.27%. Therefore, despite its lower house median value compared to the US overall, Elmira's housing market continues to appreciate faster and remains an appealing investment for potential homebuyers.

The median home cost in Elmira (zip 49730) is $191,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Elmira (zip 49730) is up 21.4%.

Average Age of Homes

- The median age of Elmira (zip 49730) real estate is 31 years old

The Rental Market in Elmira (zip 49730)

- Renters make up 6.0% of the Elmira (zip 49730) population
- 0.4% of houses and apartments in Elmira (zip 49730), 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	Elmira, Michigan	United States
	1,362.0	139,647,020.0
	36	42
	$191,400	$338,100
	21.4%	16.6%
	68.6%	57.0%
	98.7%	101.1%
	$10.52	$10.98
	$1,429	$2,690
	54.0%	57.4%
	41.3%	11.2%
	4.7%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	35.5%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	2.2%	2.4%
	2.6%	2.8%
	12.0%	3.9%
	14.0%	4.5%
	21.6%	11.3%
	20.3%	13.0%
	18.5%	20.1%
	2.6%	13.6%
	1.1%	8.3%
	0.7%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.7%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	25.3%	13.6%
	14.0%	13.2%
	18.0%	14.8%
	25.3%	13.6%
	6.9%	10.0%
	0.9%	4.7%
	8.2%	12.2%

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