The housing market in 49445 Muskegon, MI is performing well above average when compared to the United States as a whole. The median value of homes in Muskegon is $225,800, while the US median is $338,100. Over the last year, houses in Muskegon have appreciated 13.62%, significantly higher than the national 1 year appreciation rate of 8.27%. With such high appreciation rates and competitive pricing for homes in the area, it’s no wonder why so many people are looking to invest or live in Muskegon.
The median home cost in Muskegon (zip 49445) is $225,800. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Muskegon (zip 49445) is up 16.5%.
Average Age of Homes
- The median age of Muskegon (zip 49445) real estate is 45 years old
The Rental Market in Muskegon (zip 49445)
- Renters make up 12.0% of the Muskegon (zip 49445) population
- 0.5% of houses and apartments in Muskegon (zip 49445), 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.