Port Austin, MI is a small town with a housing market that has seen appreciation in recent years. The median value of homes in the area is currently $165,300, which is significantly less than the US median value of $338,100 for comparable properties. Despite its lower median value, Port Austin's housing market has appreciated at a rate of 6.41% over the past year, slightly lower than the US average of 8.27%. This makes it an attractive place for buyers looking to invest in property at an affordable price point and still experience some growth on their investment.
The median home cost in Port Austin (zip 48467) is $165,300. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Port Austin (zip 48467) is up 12.8%.
Average Age of Homes
- The median age of Port Austin (zip 48467) real estate is 41 years old
The Rental Market in Port Austin (zip 48467)
- Renters make up 6.1% of the Port Austin (zip 48467) population
- 0.3% of houses and apartments in Port Austin (zip 48467), 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.