Zip 49070 (Martin, MI) Housing

The housing market in 49070 Martin, MI is a relatively good investment. The median value of homes is $232,600, which is significantly lower than the national average of $338,100. Additionally, the one year appreciation rate for housing in 49070 Martin, MI is 10.54% compared to the US appreciation rate of 8.27%. This suggests that investing in housing in this area would be a wise decision as it offers a better return than the national average.

The median home cost in Martin (zip 49070) is $232,600. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Martin (zip 49070) is up 14.9%.

Average Age of Homes

- The median age of Martin (zip 49070) real estate is 40 years old

The Rental Market in Martin (zip 49070)

- Renters make up 16.1% of the Martin (zip 49070) population
- 0.6% of houses and apartments in Martin (zip 49070), 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	Martin, Michigan	United States
	899.0	139,647,020.0
	47	42
	$232,600	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$14.65	$10.98
	$2,249	$2,690
	87.2%	57.4%
	3.3%	11.2%
	9.5%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.3%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	7.5%	2.6%
	6.0%	2.4%
	4.3%	2.8%
	5.0%	3.9%
	3.1%	4.5%
	22.1%	11.3%
	23.6%	13.0%
	19.3%	20.1%
	7.9%	13.6%
	0.8%	8.3%
	0.5%	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%
	16.4%	13.6%
	16.4%	13.6%
	10.6%	13.6%
	11.0%	13.2%
	14.5%	14.8%
	10.6%	13.6%
	2.2%	10.0%
	4.2%	4.7%
	28.9%	12.2%

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