The housing market in Frederic, MI (49733) has been performing above average compared to the national median housing value. According to the data, the median value of a home in Frederic is $142,100, which is nearly 57% lower than the US housing median value of $338,100. Despite this difference in cost, the one year appreciation rate for homes in Frederic has been 16.52%, which is almost double the national rate of 8.27%. This demonstrates that investing in housing in this area can be a wise decision and offers a great potential for growth.
The median home cost in Frederic (zip 49733) is $142,100. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Frederic (zip 49733) is up 21.4%.
Average Age of Homes
- The median age of Frederic (zip 49733) real estate is 34 years old
The Rental Market in Frederic (zip 49733)
- Renters make up 6.6% of the Frederic (zip 49733) population
- 0.0% of houses and apartments in Frederic (zip 49733), 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.