Zip 48626 (Hemlock, MI) Housing

Housing in 48626 Hemlock, MI is a great investment. The median value of the homes here is $183,800 which is lower than the US median value of $338,100. Furthermore, the one year house appreciation in Hemlock is 9.86%, higher than the US 1 year house appreciation rate of 8.27%. This makes it an ideal location to purchase a property for those looking to build equity over time and benefit from potential capital gains.

The median home cost in Hemlock (zip 48626) is $183,800. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Hemlock (zip 48626) is up 15.7%.

Average Age of Homes

- The median age of Hemlock (zip 48626) real estate is 44 years old

The Rental Market in Hemlock (zip 48626)

- Renters make up 14.5% of the Hemlock (zip 48626) population
- 1.1% of houses and apartments in Hemlock (zip 48626), 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	Hemlock, Michigan	United States
	2,381.0	139,647,020.0
	47	42
	$183,800	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$14.71	$10.98
	$2,575	$2,690
	89.5%	57.4%
	4.3%	11.2%
	6.2%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	1.8%	0.4%
	0.8%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	1.1%	2.4%
	2.8%	2.8%
	5.7%	3.9%
	6.2%	4.5%
	20.5%	11.3%
	23.5%	13.0%
	25.9%	20.1%
	7.0%	13.6%
	4.3%	8.3%
	1.4%	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%
	13.0%	13.6%
	13.0%	13.6%
	13.9%	13.6%
	3.2%	13.2%
	27.2%	14.8%
	13.9%	13.6%
	11.7%	10.0%
	4.4%	4.7%
	12.9%	12.2%

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