Zip 48444 (Imlay City, MI) Housing

The housing market in Imlay City, MI (zip code 48444) is thriving. The median value of homes in the area is $231,400, which is significantly lower than the national median value of $338,100. However, over the course of a year appreciation for homes in Imlay City has been 6.41%, which surpasses the national average of 8.27%. This suggests that demand for housing in Imlay City is high, and that it is a great place to own a home.

The median home cost in Imlay City (zip 48444) is $231,400. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Imlay City (zip 48444) is up 12.8%.

Average Age of Homes

- The median age of Imlay City (zip 48444) real estate is 38 years old

The Rental Market in Imlay City (zip 48444)

- Renters make up 23.2% of the Imlay City (zip 48444) population
- 0.3% of houses and apartments in Imlay City (zip 48444), 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	Imlay City, Michigan	United States
	4,002.0	139,647,020.0
	36	42
	$231,400	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$11.41	$10.98
	$2,043	$2,690
	71.2%	57.4%
	7.5%	11.2%
	21.3%	31.4%
Vacant Housing
	0.3%	1.9%
	0.7%	0.4%
	1.0%	0.7%
	0.4%	0.4%
	1.0%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	7.5%	2.4%
	0.9%	2.8%
	3.5%	3.9%
	4.6%	4.5%
	15.7%	11.3%
	21.4%	13.0%
	23.7%	20.1%
	14.2%	13.6%
	2.5%	8.3%
	1.0%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	28.6%	13.6%
	7.0%	13.2%
	12.3%	14.8%
	28.6%	13.6%
	4.9%	10.0%
	5.1%	4.7%
	19.4%	12.2%

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