Zip 48623 (Freeland, MI) Housing

The housing in 48623 Freeland, MI is quite impressive. The median value of a home in the area is $237,200, which is significantly lower than the US median house value of $338,100. However, the 1 year house appreciation in Freeland is 9.86%, significantly higher than the US average of 8.27%. This indicates that housing prices in Freeland are on the rise and may be an attractive option for potential buyers.

The median home cost in Freeland (zip 48623) is $237,200. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Freeland (zip 48623) is up 15.7%.

Average Age of Homes

- The median age of Freeland (zip 48623) real estate is 37 years old

The Rental Market in Freeland (zip 48623)

- Renters make up 10.1% of the Freeland (zip 48623) population
- 0.0% of houses and apartments in Freeland (zip 48623), 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	Freeland, Michigan	United States
	5,340.0	139,647,020.0
	39	42
	$237,200	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$14.35	$10.98
	$2,553	$2,690
	82.8%	57.4%
	4.1%	11.2%
	13.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	1.0%	0.4%
	1.0%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	6.0%	2.6%
	1.1%	2.4%
	1.3%	2.8%
	5.3%	3.9%
	4.6%	4.5%
	17.2%	11.3%
	23.3%	13.0%
	22.2%	20.1%
	10.7%	13.6%
	4.8%	8.3%
	2.6%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	20.3%	13.6%
	6.3%	13.2%
	16.9%	14.8%
	20.3%	13.6%
	9.4%	10.0%
	4.3%	4.7%
	9.4%	12.2%

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