The housing market in 49512 Kentwood, MI is currently thriving. The median value of a house in the area is $315,000, which is slightly lower than the US median value of $338,100. Over the last year, the appreciation rate for homes in Kentwood was 11.49%, while the US average was 8.27%. This indicates that housing prices are increasing faster in Kentwood than they are nationally. With its growing economy and attractive housing prices, Kentwood has become an increasingly popular place to live for people looking to buy property.
The median home cost in Kentwood (zip 49512) is $315,000. Home appreciation the last 10 years has been 155.1%. Home Appreciation in Kentwood (zip 49512) is up 15.2%.
Average Age of Homes
- The median age of Kentwood (zip 49512) real estate is 25 years old
The Rental Market in Kentwood (zip 49512)
- Renters make up 53.3% of the Kentwood (zip 49512) population
- 1.0% of houses and apartments in Kentwood (zip 49512), 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.