Zip 48048 (New Haven, MI) Housing

The housing median value in New Haven, MI (48048) is $264,300, which is significantly lower than the US house median value of $338,100. However, the house appreciation in New Haven over the past year has been 7.58%, only slightly below the US 1 year house appreciation rate of 8.27%. This suggests a stable housing market in New Haven that is on par with the national market trend.

The median home cost in New Haven (zip 48048) is $264,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in New Haven (zip 48048) is up 10.8%.

Average Age of Homes

- The median age of New Haven (zip 48048) real estate is 23 years old

The Rental Market in New Haven (zip 48048)

- Renters make up 21.1% of the New Haven (zip 48048) population
- 0.0% of houses and apartments in New Haven (zip 48048), 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	New Haven, Michigan	United States
	3,398.0	139,647,020.0
	22	42
	$264,300	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$13.96	$10.98
	$2,256	$2,690
	75.4%	57.4%
	6.3%	11.2%
	18.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	6.8%	2.4%
	5.6%	2.8%
	7.2%	3.9%
	5.2%	4.5%
	9.0%	11.3%
	28.6%	13.0%
	23.8%	20.1%
	5.7%	13.6%
	0.3%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	1.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.7%	0.2%
	33.0%	13.6%
	33.0%	13.6%
	20.2%	13.6%
	6.4%	13.2%
	3.4%	14.8%
	20.2%	13.6%
	4.1%	10.0%
	2.5%	4.7%
	7.4%	12.2%

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