Zip 49930 (Hancock, MI) Housing

Housing in Hancock, MI (49930) has a median value of $149,700, significantly lower than the US median house value of $338,100. However, this area has seen a higher appreciation rate over the past year at 12.24%, which is 4% higher than the national average of 8.27%. This shows that housing in Hancock is becoming increasingly desirable and is likely due to its close proximity to major cities and excellent schools.

The median home cost in Hancock (zip 49930) is $149,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Hancock (zip 49930) is up 18.2%.

Average Age of Homes

- The median age of Hancock (zip 49930) real estate is 68 years old

The Rental Market in Hancock (zip 49930)

- Renters make up 31.8% of the Hancock (zip 49930) population
- 1.7% of houses and apartments in Hancock (zip 49930), 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	Hancock, Michigan	United States
	3,309.0	139,647,020.0
	60	42
	$149,700	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$16.30	$10.98
	$2,275	$2,690
	52.1%	57.4%
	19.6%	11.2%
	28.3%	31.4%
Vacant Housing
	1.7%	1.9%
	0.7%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	9.5%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	3.2%	2.4%
	7.2%	2.8%
	8.9%	3.9%
	12.4%	4.5%
	19.2%	11.3%
	13.0%	13.0%
	18.0%	20.1%
	11.9%	13.6%
	2.3%	8.3%
	0.5%	9.7%
	1.7%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.7%	13.6%
	9.7%	13.6%
	9.8%	13.6%
	5.5%	13.2%
	10.2%	14.8%
	9.8%	13.6%
	5.7%	10.0%
	5.3%	4.7%
	38.4%	12.2%

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