Zip 49871 (Palmer, MI) Housing

Housing in 49871 Palmer, MI is more affordable than the U.S. median value of $338,100, with a median value of $91,400. This year, homes in Palmer have experienced an appreciation rate of 12.90%, higher than the national average of 8.27%. This increase has made housing in Palmer even more attractive to buyers looking for an affordable option in a strong market.

The median home cost in Palmer (zip 49871) is $91,400. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Palmer (zip 49871) is up 23.1%.

Average Age of Homes

- The median age of Palmer (zip 49871) real estate is 74 years old

The Rental Market in Palmer (zip 49871)

- Renters make up 6.2% of the Palmer (zip 49871) population
- 0.0% of houses and apartments in Palmer (zip 49871), 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	Palmer, Michigan	United States
	245.0	139,647,020.0
	51	42
	$91,400	$338,100
	23.1%	16.6%
	60.1%	57.0%
	71.4%	101.1%
	$11.17	$10.98
	$862	$2,690
	73.1%	57.4%
	10.2%	11.2%
	16.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.9%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	11.7%	2.4%
	24.6%	2.8%
	36.3%	3.9%
	6.7%	4.5%
	2.8%	11.3%
	14.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	2.2%	8.3%
	0.0%	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%
	2.9%	13.6%
	2.9%	13.6%
	2.0%	13.6%
	0.0%	13.2%
	0.8%	14.8%
	2.0%	13.6%
	18.4%	10.0%
	17.6%	4.7%
	53.9%	12.2%

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