Zip 49855 (Marquette, MI) Housing

The housing market in 49855 Marquette, MI is thriving. The median value of homes in the area is $258,100 which is lower than the US median value of $338,100. However, what this statistic does not show is that over the last year, home values have appreciated by 12.90%, a rate higher than the national appreciation rate of 8.27%. This growth signals an economy that is doing well and encourages potential buyers to invest in the area.

The median home cost in Marquette (zip 49855) is $258,100. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Marquette (zip 49855) is up 23.1%.

Average Age of Homes

- The median age of Marquette (zip 49855) real estate is 47 years old

The Rental Market in Marquette (zip 49855)

- Renters make up 35.6% of the Marquette (zip 49855) population
- 1.3% of houses and apartments in Marquette (zip 49855), 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	Marquette, Michigan	United States
	15,019.0	139,647,020.0
	49	42
	$258,100	$338,100
	23.1%	16.6%
	60.1%	57.0%
	71.4%	101.1%
	$11.83	$10.98
	$2,292	$2,690
	54.6%	57.4%
	11.6%	11.2%
	33.8%	31.4%
Vacant Housing
	1.3%	1.9%
	1.4%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	5.8%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.8%	2.4%
	2.0%	2.8%
	2.0%	3.9%
	4.0%	4.5%
	18.0%	11.3%
	22.2%	13.0%
	27.1%	20.1%
	9.8%	13.6%
	5.2%	8.3%
	2.8%	9.7%
	1.0%	3.9%
	0.5%	2.2%
	0.4%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	10.4%	13.6%
	9.8%	13.2%
	21.4%	14.8%
	10.4%	13.6%
	9.1%	10.0%
	5.6%	4.7%
	19.7%	12.2%

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