Zip 49079 (Paw Paw, MI) Housing

The housing median value in Paw Paw, MI is $224,300, which is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation in Paw Paw is 10.54%, higher than the US average of 8.27%. This makes it an attractive option for first time home buyers who want to get into the housing market at a more affordable price point but still benefit from rising prices over time.

The median home cost in Paw Paw (zip 49079) is $224,300. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Paw Paw (zip 49079) is up 14.9%.

Average Age of Homes

- The median age of Paw Paw (zip 49079) real estate is 43 years old

The Rental Market in Paw Paw (zip 49079)

- Renters make up 18.6% of the Paw Paw (zip 49079) population
- 0.9% of houses and apartments in Paw Paw (zip 49079), 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	Paw Paw, Michigan	United States
	5,713.0	139,647,020.0
	43	42
	$224,300	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$14.48	$10.98
	$2,340	$2,690
	66.9%	57.4%
	14.8%	11.2%
	18.3%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	9.6%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	2.9%	2.4%
	3.7%	2.8%
	3.4%	3.9%
	7.4%	4.5%
	23.6%	11.3%
	21.9%	13.0%
	19.5%	20.1%
	5.8%	13.6%
	5.0%	8.3%
	2.0%	9.7%
	1.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.4%	13.6%
	11.4%	13.6%
	21.8%	13.6%
	11.5%	13.2%
	15.2%	14.8%
	21.8%	13.6%
	8.6%	10.0%
	3.5%	4.7%
	11.9%	12.2%

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