Zip 48468 (Port Hope, MI) Housing

The housing market in 48468 Port Hope, MI has a median value of $117,900, which is much lower than the US median value of $338,100. The US house appreciation rate over the past year was 8.27% while the appreciation rate in 48468 Port Hope, MI was 6.41%. This shows that despite the lower median value for homes in this area, it is still appreciating at a rate that is close to the national average.

The median home cost in Port Hope (zip 48468) is $117,900. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Port Hope (zip 48468) is up 12.8%.

Average Age of Homes

- The median age of Port Hope (zip 48468) real estate is 44 years old

The Rental Market in Port Hope (zip 48468)

- Renters make up 5.0% of the Port Hope (zip 48468) population
- 0.0% of houses and apartments in Port Hope (zip 48468), 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	Port Hope, Michigan	United States
	1,057.0	139,647,020.0
	54	42
	$117,900	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$12.35	$10.98
	$1,340	$2,690
	45.0%	57.4%
	49.9%	11.2%
	5.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.5%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	46.5%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	3.4%	2.4%
	9.2%	2.8%
	7.4%	3.9%
	24.4%	4.5%
	10.9%	11.3%
	16.8%	13.0%
	15.1%	20.1%
	4.2%	13.6%
	1.9%	8.3%
	2.5%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	12.7%	13.6%
	13.5%	13.2%
	9.4%	14.8%
	12.7%	13.6%
	16.0%	10.0%
	8.2%	4.7%
	19.4%	12.2%

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