Zip 49740 (Harbor Springs, MI) Housing

Housing in 49740 Harbor Springs, MI is significantly more expensive than the national average. The median value of housing in this area is $421,500, which is 25% higher than the US House Median Value of $338,100. Additionally, it was observed that the 1 year house appreciation in Harbors Springs was 16.52%, which is over twice the US 1 year house appreciation rate of 8.27%. This shows that housing prices are increasing rapidly in this area and can be costly to buy into.

The median home cost in Harbor Springs (zip 49740) is $421,500. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Harbor Springs (zip 49740) is up 21.4%.

Average Age of Homes

- The median age of Harbor Springs (zip 49740) real estate is 35 years old

The Rental Market in Harbor Springs (zip 49740)

- Renters make up 6.3% of the Harbor Springs (zip 49740) population
- 0.5% of houses and apartments in Harbor Springs (zip 49740), 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	Harbor Springs, Michigan	United States
	6,151.0	139,647,020.0
	41	42
	$421,500	$338,100
	21.4%	16.6%
	68.6%	57.0%
	98.7%	101.1%
	$9.81	$10.98
	$2,540	$2,690
	46.6%	57.4%
	47.7%	11.2%
	5.7%	31.4%
Vacant Housing
	0.5%	1.9%
	0.5%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	43.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	1.8%	2.4%
	0.8%	2.8%
	1.4%	3.9%
	1.2%	4.5%
	6.9%	11.3%
	13.6%	13.0%
	31.5%	20.1%
	15.1%	13.6%
	8.8%	8.3%
	9.2%	9.7%
	3.3%	3.9%
	3.1%	2.2%
	0.6%	0.8%
	1.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	19.1%	13.6%
	16.8%	13.2%
	20.2%	14.8%
	19.1%	13.6%
	4.4%	10.0%
	5.2%	4.7%
	13.4%	12.2%

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