Mackinaw City, MI is an affordable place to live in comparison to the US median value. The housing median value in Mackinaw City is $232,700, which is significantly lower than the US median value of $338,100. Additionally, there has been a greater appreciation for housing in Mackinaw City over the past year than other areas of the US with a 16.52% increase compared to the 8.27% nationwide increase. This makes Mackinaw City an attractive option for those looking for a more economical place to live.
The median home cost in Mackinaw City (zip 49701) is $232,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Mackinaw City (zip 49701) is up 21.4%.
Average Age of Homes
- The median age of Mackinaw City (zip 49701) real estate is 42 years old
The Rental Market in Mackinaw City (zip 49701)
- Renters make up 15.9% of the Mackinaw City (zip 49701) population
- 3.1% of houses and apartments in Mackinaw City (zip 49701), 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.