Zip 48755 (Pigeon, MI) Housing

The housing market in Pigeon, MI (48755) is very healthy. The median value of a home in this area is $163,800, which is significantly below the national median value of 338,100. Yet despite this lower price point, home values have appreciated in Pigeon at an impressive rate of 9.81% over the past year, higher than the national one year appreciation rate of 8.27%. This data suggests that Pigeon could be an ideal destination for those seeking to invest in real estate.

The median home cost in Pigeon (zip 48755) is $163,800. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Pigeon (zip 48755) is up 14.8%.

Average Age of Homes

- The median age of Pigeon (zip 48755) real estate is 47 years old

The Rental Market in Pigeon (zip 48755)

- Renters make up 11.0% of the Pigeon (zip 48755) population
- 2.3% of houses and apartments in Pigeon (zip 48755), 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	Pigeon, Michigan	United States
	2,148.0	139,647,020.0
	48	42
	$163,800	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$13.89	$10.98
	$1,971	$2,690
	47.9%	57.4%
	41.9%	11.2%
	10.2%	31.4%
Vacant Housing
	2.3%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.2%	0.4%
	37.5%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	2.2%	2.4%
	3.9%	2.8%
	12.8%	3.9%
	12.5%	4.5%
	20.4%	11.3%
	20.4%	13.0%
	13.2%	20.1%
	3.3%	13.6%
	4.4%	8.3%
	3.9%	9.7%
	1.5%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.0%	13.6%
	13.0%	13.6%
	12.1%	13.6%
	11.0%	13.2%
	17.3%	14.8%
	12.1%	13.6%
	18.6%	10.0%
	6.4%	4.7%
	10.6%	12.2%

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