Zip 48451 (Linden, MI) Housing

The housing market in 48451 Linden, MI is performing slightly below the national average in terms of appreciation rate. The median value of houses in this area is $311,100, which is slightly lower than the national median value of $338,100. Over the past year, house appreciation rate in this area has been 6.41% compared to the national average of 8.27%. Despite a slightly lower rate of growth than other areas, housing remains a strong investment option for those looking to call Linden, MI home.

The median home cost in Linden (zip 48451) is $311,100. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Linden (zip 48451) is up 12.8%.

Average Age of Homes

- The median age of Linden (zip 48451) real estate is 30 years old

The Rental Market in Linden (zip 48451)

- Renters make up 11.9% of the Linden (zip 48451) population
- 0.6% of houses and apartments in Linden (zip 48451), 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	Linden, Michigan	United States
	5,870.0	139,647,020.0
	30	42
	$311,100	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$13.60	$10.98
	$3,118	$2,690
	87.7%	57.4%
	6.4%	11.2%
	5.9%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.2%	0.4%
	3.9%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	2.0%	2.4%
	2.2%	2.8%
	1.6%	3.9%
	2.2%	4.5%
	10.1%	11.3%
	16.1%	13.0%
	33.2%	20.1%
	13.8%	13.6%
	6.0%	8.3%
	6.5%	9.7%
	0.7%	3.9%
	1.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	23.1%	13.6%
	23.1%	13.6%
	22.8%	13.6%
	5.5%	13.2%
	14.5%	14.8%
	22.8%	13.6%
	9.4%	10.0%
	2.6%	4.7%
	8.2%	12.2%

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