Zip 48850 (Lakeview, MI) Housing

Lakeview, MI is a great place to live with a median housing value of $170,500. It is significantly lower than the US House Median Value of $338,100 and yet still has experienced a strong 1 year appreciation rate of 8.98%, just above the national average of 8.27%. With the current housing market in Lakeview being so strong, there is potential for it to continue growing over time.

The median home cost in Lakeview (zip 48850) is $170,500. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Lakeview (zip 48850) is up 12.2%.

Average Age of Homes

- The median age of Lakeview (zip 48850) real estate is 44 years old

The Rental Market in Lakeview (zip 48850)

- Renters make up 14.0% of the Lakeview (zip 48850) population
- 0.0% of houses and apartments in Lakeview (zip 48850), 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	Lakeview, Michigan	United States
	2,112.0	139,647,020.0
	43	42
	$170,500	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$13.80	$10.98
	$1,730	$2,690
	65.5%	57.4%
	19.5%	11.2%
	15.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.7%	0.4%
	16.8%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	4.0%	2.4%
	6.9%	2.8%
	8.3%	3.9%
	14.4%	4.5%
	26.5%	11.3%
	14.5%	13.0%
	17.2%	20.1%
	4.3%	13.6%
	1.4%	8.3%
	0.2%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.0%	13.6%
	15.0%	13.6%
	19.0%	13.6%
	11.4%	13.2%
	16.1%	14.8%
	19.0%	13.6%
	11.1%	10.0%
	2.9%	4.7%
	16.0%	12.2%

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