Zip 49777 (Presque Isle, MI) Housing

The housing market in Presque Isle, MI is booming. The median value for housing in the area is $229,800, which is significantly lower than the US median of $338,100. However, what makes this especially appealing is that the one-year appreciation rate for homes in Presque Isle is 16.52%, compared to the 8.27% rate for homes across the country. This means that homeowners in the area can expect to see greater returns on their investments than those elsewhere in the United States.

The median home cost in Presque Isle (zip 49777) is $229,800. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Presque Isle (zip 49777) is up 21.4%.

Average Age of Homes

- The median age of Presque Isle (zip 49777) real estate is 40 years old

The Rental Market in Presque Isle (zip 49777)

- Renters make up 2.2% of the Presque Isle (zip 49777) population
- 0.0% of houses and apartments in Presque Isle (zip 49777), 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	Presque Isle, Michigan	United States
	1,851.0	139,647,020.0
	43	42
	$229,800	$338,100
	21.4%	16.6%
	68.6%	57.0%
	98.7%	101.1%
	$10.17	$10.98
	$1,875	$2,690
	45.4%	57.4%
	53.2%	11.2%
	1.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.4%	0.7%
	0.0%	0.4%
	48.0%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.0%	2.4%
	4.0%	2.8%
	5.4%	3.9%
	7.5%	4.5%
	20.5%	11.3%
	16.0%	13.0%
	24.3%	20.1%
	12.0%	13.6%
	2.6%	8.3%
	3.1%	9.7%
	1.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.7%	13.6%
	14.7%	13.6%
	18.3%	13.6%
	10.0%	13.2%
	16.3%	14.8%
	18.3%	13.6%
	11.6%	10.0%
	4.9%	4.7%
	2.6%	12.2%

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