Zip 49650 (Lake Ann, MI) Housing


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United States / Michigan / Traverse City Metro Area / Benzie County / No City / Lake Ann (zip 49650)
The housing market in Lake Ann, MI (49650) is performing better than the US average. The median value of homes in the area is $309,600, which is about 9% lower than the US median value of $338,100. However, while the US has seen an appreciation rate of 8.27% over the last year, Lake Ann's appreciation rate stands at 15.49%. This higher-than-normal appreciation rate makes purchasing a home in Lake Ann a more attractive investment opportunity than elsewhere in the US.

The median home cost in Lake Ann (zip 49650) is $309,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Lake Ann (zip 49650) is up 19.8%.

Average Age of Homes
- The median age of Lake Ann (zip 49650) real estate is 20 years old
The Rental Market in Lake Ann (zip 49650)
- Renters make up 5.7% of the Lake Ann (zip 49650) population
- 0.0% of houses and apartments in Lake Ann (zip 49650), 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

  HousingLake Ann, MichiganUnited States
  1,463.0139,647,020.0
  2542
  $309,600$338,100
  19.8%16.6%
  69.9%57.0%
  122.2%101.1%
  $9.27$10.98
  $1,877$2,690
  82.2%57.4%
  13.3%11.2%
  4.4%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  12.2%3.6%
  1.1%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  3.2%2.4%
  0.0%2.8%
  0.0%3.9%
  4.8%4.5%
  15.5%11.3%
  24.9%13.0%
  33.4%20.1%
  9.3%13.6%
  8.5%8.3%
  0.2%9.7%
  0.0%3.9%
  0.1%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  33.3%13.6%
  33.3%13.6%
  33.8%13.6%
  9.2%13.2%
  9.3%14.8%
  33.8%13.6%
  1.6%10.0%
  0.4%4.7%
  1.8%12.2%
Commute