Zip 48861 (Mulliken, MI) Housing

Mulliken, MI (48861) has a median housing value of $185,200, which is considerably lower than the US House median value of $338,100. However, the 1-year house appreciation for Mulliken is 8.98%, slightly higher than the US average of 8.27%. This indicates that house values in Mulliken are rising at a slightly faster rate than the national average. With a consistent 1-year appreciation rate and modest median housing values, Mulliken is an ideal place to invest in real estate.

The median home cost in Mulliken (zip 48861) is $185,200. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Mulliken (zip 48861) is up 12.2%.

Average Age of Homes

- The median age of Mulliken (zip 48861) real estate is 49 years old

The Rental Market in Mulliken (zip 48861)

- Renters make up 17.2% of the Mulliken (zip 48861) population
- 2.0% of houses and apartments in Mulliken (zip 48861), 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	Mulliken, Michigan	United States
	748.0	139,647,020.0
	63	42
	$185,200	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$12.52	$10.98
	$1,809	$2,690
	91.6%	57.4%
	2.0%	11.2%
	6.4%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	3.4%	2.4%
	1.6%	2.8%
	2.5%	3.9%
	11.1%	4.5%
	34.9%	11.3%
	18.8%	13.0%
	14.7%	20.1%
	8.3%	13.6%
	1.0%	8.3%
	1.2%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	7.2%	13.6%
	4.5%	13.2%
	20.7%	14.8%
	7.2%	13.6%
	6.2%	10.0%
	5.3%	4.7%
	40.0%	12.2%

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