The housing market in 48022 Emmett, MI is strong and growing. The median value of a house in the area is currently $261,000, which is significantly lower than the national median value of $338,100. Despite this difference, the 1 year house appreciation rate for 48022 Emmett, MI stands at 7.58%, which is just below the national rate of 8.27%. This indicates that housing in the area is steadily increasing in value and attractive to prospective buyers looking for an affordable option with good potential for growth.
The median home cost in Emmett (zip 48022) is $261,000. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Emmett (zip 48022) is up 10.8%.
Average Age of Homes
- The median age of Emmett (zip 48022) real estate is 41 years old
The Rental Market in Emmett (zip 48022)
- Renters make up 7.1% of the Emmett (zip 48022) population
- 0.0% of houses and apartments in Emmett (zip 48022), 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.