The housing market in 48633 Lake George, MI has been doing quite well. The median value of houses in the area is $249,500, which is considerably lower than the US median value of $338,100. This provides an attractive option for potential homebuyers looking for a good deal. Furthermore, the one year appreciation rate for homes in this area is 9.86%, which is higher than the national appreciation rate of 8.27%. This indicates that investing in this area may be a wise decision, as it will most likely provide long-term financial gain and appreciation.
The median home cost in Lake George (zip 48633) is $249,500. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Lake George (zip 48633) is up 15.7%.
Average Age of Homes
- The median age of Lake George (zip 48633) real estate is 43 years old
The Rental Market in Lake George (zip 48633)
- Renters make up 3.3% of the Lake George (zip 48633) population
- 0.0% of houses and apartments in Lake George (zip 48633), 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.