Zip 48434 (Forestville, MI) Housing

The housing market in 48434 Forestville, MI is far below the national average. The median value of a house in Forestville is $118,200 while the US median value is $338,100. Over the course of one year, the national appreciation rate for houses was 8.27%, while Forestville only saw a 6.41% appreciation rate in that same time period. This is indicative of a slower housing market in Forestville than other parts of the country.

The median home cost in Forestville (zip 48434) is $118,200. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Forestville (zip 48434) is up 12.8%.

Average Age of Homes

- The median age of Forestville (zip 48434) real estate is 68 years old

The Rental Market in Forestville (zip 48434)

- Renters make up 0.0% of the Forestville (zip 48434) population
- 0.0% of houses and apartments in Forestville (zip 48434), 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	Forestville, Michigan	United States
	177.0	139,647,020.0
	65	42
	$118,200	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$10.56	$10.98
	$1,594	$2,690
	27.7%	57.4%
	62.7%	11.2%
	9.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.4%	0.7%
	0.0%	0.4%
	55.9%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	12.2%	2.4%
	20.4%	2.8%
	8.2%	3.9%
	8.2%	4.5%
	18.4%	11.3%
	4.1%	13.0%
	6.1%	20.1%
	6.1%	13.6%
	4.1%	8.3%
	8.2%	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%
	13.6%	13.6%
	13.6%	13.6%
	0.0%	13.6%
	9.0%	13.2%
	9.6%	14.8%
	0.0%	13.6%
	14.7%	10.0%
	22.0%	4.7%
	19.8%	12.2%

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