The housing market in Midland, Michigan (Zip Code 48642) is a thriving one. The median value of housing in Midland is $213,000, which is lower than the US median value of $338,100. Furthermore, the appreciation rate of housing in Midland over the last year was 9.86%, higher than the US average of 8.27%. This suggests that the Midland housing market has been doing better over the past year than most other locations across the country. With its lower prices and higher appreciation rates, it could be an attractive option for those looking to purchase a home in Michigan.
The median home cost in Midland (zip 48642) is $213,000. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Midland (zip 48642) is up 15.7%.
Average Age of Homes
- The median age of Midland (zip 48642) real estate is 42 years old
The Rental Market in Midland (zip 48642)
- Renters make up 26.9% of the Midland (zip 48642) population
- 0.6% of houses and apartments in Midland (zip 48642), 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.