The city of Ishpeming, MI (zip code 49849) has an impressive median housing value of $142,700, which is much lower than the US House Median Value of $338,100. Additionally, the one year house appreciation rate in Ishpeming is notably higher than the national average at 12.90%, compared to 8.27%. This makes Ishpeming a great place to invest in real estate for those looking to get a good return on their investment.
The median home cost in Ishpeming (zip 49849) is $142,700. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Ishpeming (zip 49849) is up 23.1%.
Average Age of Homes
- The median age of Ishpeming (zip 49849) real estate is 59 years old
The Rental Market in Ishpeming (zip 49849)
- Renters make up 14.5% of the Ishpeming (zip 49849) population
- 1.3% of houses and apartments in Ishpeming (zip 49849), 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.