Zip 49839 (Grand Marais, MI) Housing

The housing median value for 49839 Grand Marais, MI is $170,900, which is just over half of the US house median value of $338,100. The US house appreciation over a one year period is 8.27%, while in Grand Marais the appreciation rate is 12.90%. This shows that housing in Grand Marais is appreciating at a higher than average rate compared to the national market.

The median home cost in Grand Marais (zip 49839) is $170,900. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Grand Marais (zip 49839) is up 23.1%.

Average Age of Homes

- The median age of Grand Marais (zip 49839) real estate is 44 years old

The Rental Market in Grand Marais (zip 49839)

- Renters make up 3.0% of the Grand Marais (zip 49839) population
- 1.2% of houses and apartments in Grand Marais (zip 49839), 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	Grand Marais, Michigan	United States
	602.0	139,647,020.0
	37	42
	$170,900	$338,100
	23.1%	16.6%
	60.1%	57.0%
	71.4%	101.1%
	$9.71	$10.98
	$1,430	$2,690
	20.6%	57.4%
	73.3%	11.2%
	6.1%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	69.3%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	7.3%	4.5%
	41.9%	11.3%
	18.5%	13.0%
	12.9%	20.1%
	14.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	20.6%	13.6%
	20.6%	13.6%
	22.9%	13.6%
	11.1%	13.2%
	13.6%	14.8%
	22.9%	13.6%
	7.5%	10.0%
	3.5%	4.7%
	14.8%	12.2%

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