Zip 48627 (Higgins Lake, MI) Housing

48627 Higgins Lake, MI is a great place to live for those looking for housing. The median value of houses in the area is $290,000 which is lower than the US house median value of $338,100. In addition, the 1 year house appreciation rate in the area is 9.86%, higher than the US average of 8.27%. This high appreciation rate suggests that property values in 48627 Higgins Lake are on the rise and could be a great long-term investment for those looking to purchase housing in the area.

The median home cost in Higgins Lake (zip 48627) is $290,000. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Higgins Lake (zip 48627) is up 15.7%.

Average Age of Homes

- The median age of Higgins Lake (zip 48627) real estate is 52 years old

The Rental Market in Higgins Lake (zip 48627)

- Renters make up 0.0% of the Higgins Lake (zip 48627) population
- 0.0% of houses and apartments in Higgins Lake (zip 48627), 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	Higgins Lake, Michigan	United States
	276.0	139,647,020.0
	56	42
	$290,000	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$11.77	$10.98
	$1,083	$2,690
	17.0%	57.4%
	83.0%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	83.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	17.0%	2.8%
	14.9%	3.9%
	0.0%	4.5%
	27.7%	11.3%
	4.3%	13.0%
	36.2%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	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%
	5.1%	13.6%
	5.1%	13.6%
	2.9%	13.6%
	5.8%	13.2%
	18.8%	14.8%
	2.9%	13.6%
	25.0%	10.0%
	6.9%	4.7%
	0.0%	12.2%

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