Zip 49879 (Republic, MI) Housing

The housing market in Republic, MI (49879) has seen some impressive appreciation over the past year. The median value of a home is $127,600, which is significantly lower than the US median of $338,100. However, this affordability is reflected in an impressive 12.90% house appreciation over the past year; much higher than the 8.27% for the entire US market. Overall, this makes Republic an attractive option for potential homebuyers looking for good value.

The median home cost in Republic (zip 49879) is $127,600. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Republic (zip 49879) is up 23.1%.

Average Age of Homes

- The median age of Republic (zip 49879) real estate is 48 years old

The Rental Market in Republic (zip 49879)

- Renters make up 6.6% of the Republic (zip 49879) population
- 1.7% of houses and apartments in Republic (zip 49879), 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	Republic, Michigan	United States
	1,091.0	139,647,020.0
	51	42
	$127,600	$338,100
	23.1%	16.6%
	60.1%	57.0%
	71.4%	101.1%
	$12.81	$10.98
	$952	$2,690
	44.5%	57.4%
	49.2%	11.2%
	6.3%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	41.2%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	23.1%	2.4%
	15.1%	2.8%
	11.8%	3.9%
	6.0%	4.5%
	17.1%	11.3%
	7.4%	13.0%
	10.3%	20.1%
	2.5%	13.6%
	1.4%	8.3%
	1.2%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	12.8%	13.6%
	8.5%	13.2%
	16.0%	14.8%
	12.8%	13.6%
	12.6%	10.0%
	4.7%	4.7%
	17.0%	12.2%

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