The housing market in Escanaba, MI (49829) is on the rise. According to our research, the median value of a house in Escanaba is currently $132,500, which is significantly lower than the US House Median Value of $338,100. However, over the past year Escanaba has seen more appreciation than the US as a whole at 12.90%, compared with 8.27%. This suggests that now may be a good time to purchase a house in Escanaba as there are increasing values and growing demand for homes in this area.
The median home cost in Escanaba (zip 49829) is $132,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Escanaba (zip 49829) is up 23.1%.
Average Age of Homes
- The median age of Escanaba (zip 49829) real estate is 63 years old
The Rental Market in Escanaba (zip 49829)
- Renters make up 27.2% of the Escanaba (zip 49829) population
- 1.0% of houses and apartments in Escanaba (zip 49829), 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.