Zip 49267 (Ottawa Lake, MI) Housing

In Ottawa Lake, MI (49267), the median housing value is $261,700. This is significantly lower than the national median of $338,100, however appreciation in this area has been strong with a one year appreciation rate of 9.09%, higher than the national average of 8.27%. Ottawa Lake appears to be an attractive option for buyers looking for an affordable option with plenty of potential for future growth.

The median home cost in Ottawa Lake (zip 49267) is $261,700. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Ottawa Lake (zip 49267) is up 16.2%.

Average Age of Homes

- The median age of Ottawa Lake (zip 49267) real estate is 58 years old

The Rental Market in Ottawa Lake (zip 49267)

- Renters make up 15.2% of the Ottawa Lake (zip 49267) population
- 1.8% of houses and apartments in Ottawa Lake (zip 49267), 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	Ottawa Lake, Michigan	United States
	1,575.0	139,647,020.0
	56	42
	$261,700	$338,100
	16.2%	16.6%
	56.4%	57.0%
	106.2%	101.1%
	$11.40	$10.98
	$2,324	$2,690
	82.5%	57.4%
	6.5%	11.2%
	11.0%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	2.4%	2.4%
	0.0%	2.8%
	0.7%	3.9%
	0.9%	4.5%
	17.3%	11.3%
	26.2%	13.0%
	32.2%	20.1%
	8.2%	13.6%
	8.3%	8.3%
	3.0%	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%
	6.5%	13.6%
	6.5%	13.6%
	7.7%	13.6%
	5.0%	13.2%
	17.1%	14.8%
	7.7%	13.6%
	11.3%	10.0%
	6.6%	4.7%
	22.7%	12.2%

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