Zip 48735 (Gagetown, MI) Housing

The town of Gagetown, MI (48735) has seen some impressive growth in housing over the past year. The median value of a house in this area is currently $97,600, lower than the US median of $338,100 but with an appreciation rate of 9.81%, higher than the national average of 8.27%. This reflects the positive trend for housing in Gagetown, which looks set to continue as more people move into this popular Michigan town.

The median home cost in Gagetown (zip 48735) is $97,600. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Gagetown (zip 48735) is up 14.8%.

Average Age of Homes

- The median age of Gagetown (zip 48735) real estate is 61 years old

The Rental Market in Gagetown (zip 48735)

- Renters make up 13.7% of the Gagetown (zip 48735) population
- 1.6% of houses and apartments in Gagetown (zip 48735), 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	Gagetown, Michigan	United States
	512.0	139,647,020.0
	62	42
	$97,600	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$13.49	$10.98
	$1,379	$2,690
	73.6%	57.4%
	14.5%	11.2%
	11.9%	31.4%
Vacant Housing
	1.6%	1.9%
	0.8%	0.4%
	2.1%	0.7%
	1.8%	0.4%
	3.7%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	6.9%	2.4%
	10.6%	2.8%
	19.1%	3.9%
	8.0%	4.5%
	18.0%	11.3%
	14.6%	13.0%
	10.6%	20.1%
	1.9%	13.6%
	0.0%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	3.2%	2.2%
	0.0%	0.8%
	2.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	12.5%	13.6%
	5.9%	13.2%
	8.8%	14.8%
	12.5%	13.6%
	10.5%	10.0%
	10.9%	4.7%
	29.7%	12.2%

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