Housing in 49261 Napoleon, MI is relatively affordable compared to the US median value of $338,100. The median value of a home in this area is $175,900 which provides buyers with tremendous potential for gaining equity over time. Furthermore, the housing market in 49261 Napoleon, MI has seen an impressive 1 year appreciation rate of 9.09%, outpacing the nation-wide average by 0.82%. Such factors make this area a desirable option for those looking to invest in real estate.
The median home cost in Napoleon (zip 49261) is $175,900. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Napoleon (zip 49261) is up 16.2%.
Average Age of Homes
- The median age of Napoleon (zip 49261) real estate is 61 years old
The Rental Market in Napoleon (zip 49261)
- Renters make up 13.5% of the Napoleon (zip 49261) population
- 41.2% of houses and apartments in Napoleon (zip 49261), 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.