Zip 48843 (Howell, MI) Housing

Housing in 48843 Howell, MI is doing well compared to the US median value. The median value of housing in this area is $342,700, which is slightly higher than the national median value of $338,100. Furthermore, the 1-year appreciation rate of housing in this area is 8.98%, whereas the US average rate is 8.27%. This suggests that real estate investment in this area is relatively lucrative and stable.

The median home cost in Howell (zip 48843) is $342,700. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Howell (zip 48843) is up 12.2%.

Average Age of Homes

- The median age of Howell (zip 48843) real estate is 24 years old

The Rental Market in Howell (zip 48843)

- Renters make up 22.8% of the Howell (zip 48843) population
- 1.0% of houses and apartments in Howell (zip 48843), 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	Howell, Michigan	United States
	18,507.0	139,647,020.0
	28	42
	$342,700	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$10.40	$10.98
	$2,764	$2,690
	73.8%	57.4%
	3.8%	11.2%
	22.3%	31.4%
Vacant Housing
	1.0%	1.9%
	0.1%	0.4%
	0.3%	0.7%
	1.3%	0.4%
	0.7%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.1%	2.4%
	1.1%	2.8%
	0.8%	3.9%
	0.8%	4.5%
	6.9%	11.3%
	13.8%	13.0%
	36.5%	20.1%
	22.9%	13.6%
	9.0%	8.3%
	4.5%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	26.0%	13.6%
	26.0%	13.6%
	23.3%	13.6%
	8.1%	13.2%
	13.2%	14.8%
	23.3%	13.6%
	4.8%	10.0%
	2.4%	4.7%
	8.5%	12.2%

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