The housing market in Painesdale, MI (49955) is doing better than the national average. The median housing value in Painesdale is $81,400 compared to the US median of $338,100. This is a great sign for homeowners because not only is the median value lower than the national average but it also has seen a 12.24% appreciation rate over the last year while the US rate was 8.27%. This means that homes are rising faster in Painesdale than nationally and homeowners in this area have seen their equity increase significantly over the past year.
The median home cost in Painesdale (zip 49955) is $81,400. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Painesdale (zip 49955) is up 18.2%.
Average Age of Homes
- The median age of Painesdale (zip 49955) real estate is 78 years old
The Rental Market in Painesdale (zip 49955)
- Renters make up 0.0% of the Painesdale (zip 49955) population
- 6.0% of houses and apartments in Painesdale (zip 49955), 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.