Zip 49437 (Montague, MI) Housing

The housing market in Montague, MI (49437) is currently strong. The median value of homes in the area is $205,200, which is significantly lower than the US median home value of $338,100. Despite this difference, Montague has seen an impressive appreciation rate of 13.62% over the past year, which significantly outpaces the 8.27% national growth rate for US homes. This suggests that investing in Montague's real estate market could yield substantial returns for investors and homeowners alike.

The median home cost in Montague (zip 49437) is $205,200. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Montague (zip 49437) is up 16.5%.

Average Age of Homes

- The median age of Montague (zip 49437) real estate is 44 years old

The Rental Market in Montague (zip 49437)

- Renters make up 13.0% of the Montague (zip 49437) population
- 0.0% of houses and apartments in Montague (zip 49437), 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	Montague, Michigan	United States
	3,219.0	139,647,020.0
	47	42
	$205,200	$338,100
	16.5%	16.6%
	63.3%	57.0%
	124.7%	101.1%
	$16.16	$10.98
	$2,523	$2,690
	68.1%	57.4%
	20.3%	11.2%
	11.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.4%	0.4%
	16.2%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	2.2%	2.4%
	3.6%	2.8%
	5.5%	3.9%
	6.7%	4.5%
	26.5%	11.3%
	25.7%	13.0%
	15.2%	20.1%
	4.6%	13.6%
	2.5%	8.3%
	2.9%	9.7%
	1.0%	3.9%
	1.0%	2.2%
	0.1%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.7%	13.6%
	11.7%	13.6%
	13.2%	13.6%
	11.9%	13.2%
	16.1%	14.8%
	13.2%	13.6%
	13.9%	10.0%
	3.7%	4.7%
	18.1%	12.2%

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