Zip 48436 (Gaines, MI) Housing

The housing market in 48436 Gaines, MI is quite lucrative with a median house value of $230,700. This is below the national average of $338,100 and also less than the overall US 1 year House Appreciation, which currently stands at 8.27%. However, the housing market in Gaines has seen a respectable 6.41% appreciation over the last 12 months, making it an attractive option for prospective homeowners.

The median home cost in Gaines (zip 48436) is $230,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Gaines (zip 48436) is up 12.8%.

Average Age of Homes

- The median age of Gaines (zip 48436) real estate is 37 years old

The Rental Market in Gaines (zip 48436)

- Renters make up 10.8% of the Gaines (zip 48436) population
- 0.0% of houses and apartments in Gaines (zip 48436), 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	Gaines, Michigan	United States
	1,620.0	139,647,020.0
	45	42
	$230,700	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$16.13	$10.98
	$2,413	$2,690
	91.2%	57.4%
	4.9%	11.2%
	3.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.3%	2.4%
	0.9%	2.8%
	3.5%	3.9%
	12.1%	4.5%
	15.8%	11.3%
	15.8%	13.0%
	30.3%	20.1%
	13.1%	13.6%
	4.1%	8.3%
	1.6%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	26.4%	13.6%
	4.5%	13.2%
	19.1%	14.8%
	26.4%	13.6%
	6.9%	10.0%
	1.5%	4.7%
	20.8%	12.2%

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