Zip 48157 (Luna Pier, MI) Housing

Housing in 48157 Luna Pier, MI is relatively affordable compared to the US Median Value. The Housing Median Value in 48157 Luna Pier, MI is $146,100, while the US House Median Value is $338,100. Additionally, the US 1 year House Appreciation rate is 8.27%, while the House 1 year appreciation rate in 48157 Luna Pier, MI is 8.47%. This indicates that despite being relatively affordable compared to other parts of the country, housing prices have been increasing steadily in this area over recent years.

The median home cost in Luna Pier (zip 48157) is $146,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Luna Pier (zip 48157) is up 13.1%.

Average Age of Homes

- The median age of Luna Pier (zip 48157) real estate is 42 years old

The Rental Market in Luna Pier (zip 48157)

- Renters make up 26.8% of the Luna Pier (zip 48157) population
- 2.4% of houses and apartments in Luna Pier (zip 48157), 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	Luna Pier, Michigan	United States
	700.0	139,647,020.0
	61	42
	$146,100	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$13.20	$10.98
	$1,876	$2,690
	65.1%	57.4%
	15.6%	11.2%
	19.3%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	8.7%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	2.2%	2.8%
	12.3%	3.9%
	5.9%	4.5%
	32.7%	11.3%
	10.3%	13.0%
	25.4%	20.1%
	5.9%	13.6%
	3.9%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.7%	13.6%
	11.7%	13.6%
	12.7%	13.6%
	3.1%	13.2%
	14.1%	14.8%
	12.7%	13.6%
	15.7%	10.0%
	11.9%	4.7%
	22.7%	12.2%

Reviews for Luna Pier

See all (0)

Write a Review

Start Your Review of Luna Pier

Commute

The premier source for comprehensive city data for over 30 years.