The housing market in Mancelona, Michigan (49659) is thriving. The median value of housing in this area is $142,100, significantly less than the US median house value of $338,100. Despite the lower median value, Mancelona has experienced a 1 year house appreciation of 15.49%, which is significantly higher than the US's 8.27%. This indicates that the housing market here is strong and growing rapidly.
The median home cost in Mancelona (zip 49659) is $142,100. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Mancelona (zip 49659) is up 19.8%.
Average Age of Homes
- The median age of Mancelona (zip 49659) real estate is 36 years old
The Rental Market in Mancelona (zip 49659)
- Renters make up 7.3% of the Mancelona (zip 49659) population
- 0.4% of houses and apartments in Mancelona (zip 49659), 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.