Zip 48732 (Essexville, MI) Housing

Essexville, MI in zip code 48732 has a median value for housing at $150,400. This is significantly lower than the national median value of $338,100. Additionally, housing in Essexville has appreciated by 9.81% over the last year compared to 8.27% nationally, which is a sign of a strong real estate market in this area. Therefore, those considering buying or investing in housing in Essexville could benefit from such attractive market conditions and should consider looking into properties in that area.

The median home cost in Essexville (zip 48732) is $150,400. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Essexville (zip 48732) is up 14.8%.

Average Age of Homes

- The median age of Essexville (zip 48732) real estate is 47 years old

The Rental Market in Essexville (zip 48732)

- Renters make up 23.8% of the Essexville (zip 48732) population
- 1.0% of houses and apartments in Essexville (zip 48732), 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	Essexville, Michigan	United States
	5,395.0	139,647,020.0
	52	42
	$150,400	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$18.63	$10.98
	$2,494	$2,690
	68.0%	57.4%
	4.7%	11.2%
	27.3%	31.4%
Vacant Housing
	1.0%	1.9%
	1.0%	0.4%
	1.1%	0.7%
	1.0%	0.4%
	0.0%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	0.3%	2.4%
	2.4%	2.8%
	10.0%	3.9%
	13.4%	4.5%
	26.0%	11.3%
	20.3%	13.0%
	16.5%	20.1%
	4.2%	13.6%
	0.8%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.3%	13.6%
	4.3%	13.6%
	7.0%	13.6%
	7.1%	13.2%
	28.8%	14.8%
	7.0%	13.6%
	15.2%	10.0%
	8.1%	4.7%
	11.3%	12.2%

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