Zip 48733 (Fairgrove, MI) Housing

48733 Fairgrove, MI is a great place to buy or invest in housing due to its high median value of $125,900 compared to the US median value of $338,100. Additionally, the 1 year house appreciation rate for this area has been 9.81%, which is significantly higher than the US average of 8.27%. This makes it an attractive market for both buyers and investors.

The median home cost in Fairgrove (zip 48733) is $125,900. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Fairgrove (zip 48733) is up 14.8%.

Average Age of Homes

- The median age of Fairgrove (zip 48733) real estate is 64 years old

The Rental Market in Fairgrove (zip 48733)

- Renters make up 15.1% of the Fairgrove (zip 48733) population
- 0.6% of houses and apartments in Fairgrove (zip 48733), 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	Fairgrove, Michigan	United States
	778.0	139,647,020.0
	67	42
	$125,900	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$17.22	$10.98
	$1,371	$2,690
	68.5%	57.4%
	17.4%	11.2%
	14.1%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	3.2%	0.7%
	0.0%	0.4%
	5.4%	3.6%
	8.1%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	4.5%	2.4%
	9.2%	2.8%
	33.8%	3.9%
	10.1%	4.5%
	16.5%	11.3%
	9.2%	13.0%
	7.7%	20.1%
	3.9%	13.6%
	0.8%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.3%	13.6%
	2.3%	13.6%
	3.9%	13.6%
	3.1%	13.2%
	15.9%	14.8%
	3.9%	13.6%
	18.4%	10.0%
	11.4%	4.7%
	31.0%	12.2%

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