Zip 48045 (Harrison Township, MI) Housing

Housing in 48045 Harrison Township, MI is substantially more affordable than the US median value of $338,100. The median value of housing in 48045 Harrison Township, MI is $226,300. Although the US housing market increased 8.27% in the past year, Harrison Township saw slightly less appreciation with a 7.58% increase in home values. This lower appreciation rate indicates that 48045 Harrison Township may be an ideal place for potential home buyers looking to purchase an affordable property.

The median home cost in Harrison Township (zip 48045) is $226,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Harrison Township (zip 48045) is up 10.8%.

Average Age of Homes

- The median age of Harrison Township (zip 48045) real estate is 40 years old

The Rental Market in Harrison Township (zip 48045)

- Renters make up 27.2% of the Harrison Township (zip 48045) population
- 1.3% of houses and apartments in Harrison Township (zip 48045), 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	Harrison Township, Michigan	United States
	12,770.0	139,647,020.0
	43	42
	$226,300	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$13.86	$10.98
	$2,844	$2,690
	64.2%	57.4%
	8.1%	11.2%
	27.7%	31.4%
Vacant Housing
	1.3%	1.9%
	0.4%	0.4%
	1.1%	0.7%
	0.5%	0.4%
	2.6%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	1.4%	2.4%
	3.4%	2.8%
	1.6%	3.9%
	3.8%	4.5%
	12.8%	11.3%
	22.6%	13.0%
	24.6%	20.1%
	12.5%	13.6%
	8.6%	8.3%
	3.5%	9.7%
	1.6%	3.9%
	0.1%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	16.0%	13.6%
	17.8%	13.2%
	22.6%	14.8%
	16.0%	13.6%
	9.6%	10.0%
	3.6%	4.7%
	3.4%	12.2%

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