Zip 49630 (Empire, MI) Housing

The housing market in 49630 Empire, MI is flourishing. The median value of a home in the area is $539,200 which is significantly higher than the US median value of $338,100. What's more impressive is that the one-year house appreciation rate in Empire is 15.49%, much higher than the national average of 8.27%. This indicates that investing in real estate in 49630 Empire, MI is an attractive option and could potentially bring a good return on investment.

The median home cost in Empire (zip 49630) is $539,200. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Empire (zip 49630) is up 19.8%.

Average Age of Homes

- The median age of Empire (zip 49630) real estate is 33 years old

The Rental Market in Empire (zip 49630)

- Renters make up 5.8% of the Empire (zip 49630) population
- 3.7% of houses and apartments in Empire (zip 49630), 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	Empire, Michigan	United States
	1,405.0	139,647,020.0
	29	42
	$539,200	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$8.19	$10.98
	$2,817	$2,690
	44.1%	57.4%
	51.5%	11.2%
	4.4%	31.4%
Vacant Housing
	3.7%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.6%	0.4%
	43.4%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.8%	2.4%
	1.3%	2.8%
	2.4%	3.9%
	3.5%	4.5%
	4.8%	11.3%
	11.9%	13.0%
	18.4%	20.1%
	15.5%	13.6%
	15.0%	8.3%
	9.4%	9.7%
	6.5%	3.9%
	8.5%	2.2%
	0.5%	0.8%
	1.5%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	19.6%	13.6%
	19.6%	13.6%
	22.9%	13.6%
	7.6%	13.2%
	12.1%	14.8%
	22.9%	13.6%
	6.1%	10.0%
	5.3%	4.7%
	7.4%	12.2%

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