Zip 48746 (Millington, MI) Housing

Millington, MI is a great place to live due to its attractive housing market. The median value of houses in Millington is $184,700, which is significantly lower than the US median value of $338,100. The appreciation rate of house prices in Millington is also higher than the national average with an increase of 9.81% over the last year compared to the 8.27% nationwide rise in house values. As such, investing in property in Millington is a smart decision that can yield good returns over time.

The median home cost in Millington (zip 48746) is $184,700. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Millington (zip 48746) is up 14.8%.

Average Age of Homes

- The median age of Millington (zip 48746) real estate is 42 years old

The Rental Market in Millington (zip 48746)

- Renters make up 9.3% of the Millington (zip 48746) population
- 0.4% of houses and apartments in Millington (zip 48746), 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	Millington, Michigan	United States
	3,567.0	139,647,020.0
	49	42
	$184,700	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$12.31	$10.98
	$1,668	$2,690
	81.0%	57.4%
	9.6%	11.2%
	9.3%	31.4%
Vacant Housing
	0.4%	1.9%
	0.3%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	2.2%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	9.5%	2.6%
	1.3%	2.4%
	2.0%	2.8%
	4.4%	3.9%
	11.6%	4.5%
	28.3%	11.3%
	24.6%	13.0%
	16.0%	20.1%
	1.5%	13.6%
	0.6%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	13.9%	13.6%
	13.0%	13.2%
	18.2%	14.8%
	13.9%	13.6%
	11.4%	10.0%
	7.3%	4.7%
	15.0%	12.2%

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