Zip 48754 (Owendale, MI) Housing

The housing market in 48754 Owendale, MI is a great opportunity for potential homebuyers. The median value of homes in the area is $106,400, which is significantly lower than the US median house value of $338,100. In addition, homes in the area have appreciated by 9.81% over the past year - higher than the US average of 8.27%. With such a strong appreciation rate and lower median value compared to the national average, now may be an ideal time to purchase a home in 48754 Owendale, MI.

The median home cost in Owendale (zip 48754) is $106,400. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Owendale (zip 48754) is up 14.8%.

Average Age of Homes

- The median age of Owendale (zip 48754) real estate is 56 years old

The Rental Market in Owendale (zip 48754)

- Renters make up 8.7% of the Owendale (zip 48754) population
- 0.0% of houses and apartments in Owendale (zip 48754), 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	Owendale, Michigan	United States
	423.0	139,647,020.0
	64	42
	$106,400	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$13.87	$10.98
	$1,235	$2,690
	75.7%	57.4%
	14.4%	11.2%
	9.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	10.2%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	5.9%	2.4%
	19.4%	2.8%
	15.9%	3.9%
	16.9%	4.5%
	13.1%	11.3%
	13.4%	13.0%
	9.4%	20.1%
	1.3%	13.6%
	1.3%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.4%	13.6%
	5.4%	13.6%
	9.7%	13.6%
	4.7%	13.2%
	18.9%	14.8%
	9.7%	13.6%
	15.1%	10.0%
	3.8%	4.7%
	35.7%	12.2%

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