The housing market in 49253 Manitou Beach-Devils Lake, MI is quite strong. The median value of housing in this zip code is $260,400, which is significantly lower than the US median value of $338,100. However, the one year house appreciation rate for this zip code is 9.09%, which is higher than the US one year house appreciation rate of 8.27%. This suggests that investment in property in this area could be a wise choice as it has been appreciating at a faster rate.
The median home cost in Manitou Beach-Devils Lake (zip 49253) is $260,400. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Manitou Beach-Devils Lake (zip 49253) is up 16.2%.
Average Age of Homes
- The median age of Manitou Beach-Devils Lake (zip 49253) real estate is 54 years old
The Rental Market in Manitou Beach-Devils Lake (zip 49253)
- Renters make up 4.5% of the Manitou Beach-Devils Lake (zip 49253) population
- 0.0% of houses and apartments in Manitou Beach-Devils Lake (zip 49253), 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.