Zip 48165 (New Hudson, MI) Housing

Housing in 48165 New Hudson, MI is quite expensive compared to the US average. The median value of homes in this area is $392,700, which is much higher than the national median of $338,100. This shows that the housing market here is competitive and desirable. Furthermore, over the last year, there was an appreciation of 8.47%, which was slightly higher than the US average of 8.27%. Therefore those looking to buy a home in 48165 New Hudson, MI will have to act quickly if they are looking for a good deal on a house.

The median home cost in New Hudson (zip 48165) is $392,700. Home appreciation the last 10 years has been 109.8%. Home Appreciation in New Hudson (zip 48165) is up 13.1%.

Average Age of Homes

- The median age of New Hudson (zip 48165) real estate is 24 years old

The Rental Market in New Hudson (zip 48165)

- Renters make up 22.4% of the New Hudson (zip 48165) population
- 2.5% of houses and apartments in New Hudson (zip 48165), 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 Hudson, Michigan	United States
	3,452.0	139,647,020.0
	26	42
	$392,700	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$13.24	$10.98
	$3,935	$2,690
	70.2%	57.4%
	6.7%	11.2%
	23.1%	31.4%
Vacant Housing
	2.5%	1.9%
	1.1%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	10.9%	2.6%
	2.9%	2.4%
	1.6%	2.8%
	0.0%	3.9%
	0.3%	4.5%
	1.4%	11.3%
	5.5%	13.0%
	28.3%	20.1%
	28.4%	13.6%
	15.5%	8.3%
	5.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	21.5%	13.6%
	16.8%	13.2%
	10.8%	14.8%
	21.5%	13.6%
	0.7%	10.0%
	0.1%	4.7%
	3.3%	12.2%

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