Zip 48872 (Perry, MI) Housing

The housing in 48872 Perry, MI is quite affordable when compared to the national median value. The median house value in 48872 Perry, MI is $205,900, compared to the US house median value of $338,100. In addition, the 1-year house appreciation rate in 48872 Perry is 8.98%, which is slightly higher than the national average of 8.27%. This shows that there may be a good investment opportunity with this area for those looking to buy or rent property in the near future.

The median home cost in Perry (zip 48872) is $205,900. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Perry (zip 48872) is up 12.2%.

Average Age of Homes

- The median age of Perry (zip 48872) real estate is 40 years old

The Rental Market in Perry (zip 48872)

- Renters make up 15.4% of the Perry (zip 48872) population
- 0.6% of houses and apartments in Perry (zip 48872), 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	Perry, Michigan	United States
	2,699.0	139,647,020.0
	42	42
	$205,900	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$13.05	$10.98
	$2,334	$2,690
	74.3%	57.4%
	6.7%	11.2%
	19.0%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	0.3%	2.4%
	1.9%	2.8%
	2.7%	3.9%
	7.6%	4.5%
	23.3%	11.3%
	24.0%	13.0%
	28.0%	20.1%
	5.1%	13.6%
	1.8%	8.3%
	2.5%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	15.9%	13.6%
	16.1%	13.2%
	22.9%	14.8%
	15.9%	13.6%
	5.6%	10.0%
	5.0%	4.7%
	12.2%	12.2%

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