Zip 48341 (Pontiac, MI) Housing

Pontiac, MI (48341) has a median housing value of $129,700, which is significantly lower than the US median housing value of $338,100. While the US housing appreciation rate for the past year was 8.27%, Pontiac's home appreciation rate came in slightly lower at 8.00%. This indicates that while the market has been on an upswing nationwide, Pontiac's appreciation rate hasn't kept pace with it. Despite this, an 8% increase suggests that the Pontiac housing market is still doing well and could be a good investment opportunity for potential buyers.

The median home cost in Pontiac (zip 48341) is $129,700. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Pontiac (zip 48341) is up 11.2%.

Average Age of Homes

- The median age of Pontiac (zip 48341) real estate is 65 years old

The Rental Market in Pontiac (zip 48341)

- Renters make up 39.1% of the Pontiac (zip 48341) population
- 2.8% of houses and apartments in Pontiac (zip 48341), 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	Pontiac, Michigan	United States
	8,630.0	139,647,020.0
	67	42
	$129,700	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$12.73	$10.98
	$1,200	$2,690
	43.5%	57.4%
	10.4%	11.2%
	46.1%	31.4%
Vacant Housing
	2.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.2%	0.4%
	0.9%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	6.3%	2.4%
	7.9%	2.8%
	20.9%	3.9%
	19.5%	4.5%
	20.6%	11.3%
	12.0%	13.0%
	5.2%	20.1%
	3.9%	13.6%
	0.2%	8.3%
	0.7%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	5.5%	13.6%
	4.5%	13.2%
	11.3%	14.8%
	5.5%	13.6%
	19.7%	10.0%
	11.0%	4.7%
	30.3%	12.2%

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