Zip 48838 (Greenville, MI) Housing

The housing market in 48838 Greenville, MI is doing well compared to the national average. The median value of a home in 48838 Greenville, MI is $207,100, which is significantly lower than the US median value of $338,100. However, the housing market has seen an increase of 8.98% over the last year compared to the national appreciation rate of 8.27%. This indicates that Greenville is a great place to consider buying a house for people looking for affordability and potential appreciation on their investment.

The median home cost in Greenville (zip 48838) is $207,100. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Greenville (zip 48838) is up 12.2%.

Average Age of Homes

- The median age of Greenville (zip 48838) real estate is 43 years old

The Rental Market in Greenville (zip 48838)

- Renters make up 21.7% of the Greenville (zip 48838) population
- 2.9% of houses and apartments in Greenville (zip 48838), 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	Greenville, Michigan	United States
	7,794.0	139,647,020.0
	47	42
	$207,100	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$13.79	$10.98
	$2,010	$2,690
	69.4%	57.4%
	7.7%	11.2%
	22.9%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	3.5%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.2%	2.4%
	8.2%	2.8%
	5.2%	3.9%
	9.6%	4.5%
	24.2%	11.3%
	21.2%	13.0%
	17.6%	20.1%
	5.0%	13.6%
	2.5%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	15.3%	13.6%
	8.5%	13.2%
	16.4%	14.8%
	15.3%	13.6%
	10.0%	10.0%
	8.3%	4.7%
	13.9%	12.2%

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