The housing market in 48624 Gladwin, MI is currently quite strong. According to the data, the median housing value for the area is $141,900, which is significantly lower than the US median of $338,100. Despite this lower median, the area has seen a 1 year appreciation rate of 9.86%, markedly higher than the US average of 8.27%. This suggests that the market for housing in 48624 Gladwin, MI is strengthening and may be a good opportunity for potential buyers who are interested in purchasing property in this area.
The median home cost in Gladwin (zip 48624) is $141,900. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Gladwin (zip 48624) is up 15.7%.
Average Age of Homes
- The median age of Gladwin (zip 48624) real estate is 39 years old
The Rental Market in Gladwin (zip 48624)
- Renters make up 9.3% of the Gladwin (zip 48624) population
- 0.0% of houses and apartments in Gladwin (zip 48624), 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.