Zip 49276 (Riga, MI) Housing

The housing in Riga, MI (Zip Code 49276) is quite affordable compared to the US House Median Value of $338,100. The median value of a house in Riga is $222,000, which is nearly 35% less than the national average. In addition to being relatively affordable comparatively, the housing market in Riga has also experienced strong appreciation over the past year, with an increase of 9.09%, outpacing the national rate of 8.27%. This makes it an attractive option for those looking for a home in Michigan that offers good value and strong potential for investment returns.

The median home cost in Riga (zip 49276) is $222,000. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Riga (zip 49276) is up 16.2%.

Average Age of Homes

- The median age of Riga (zip 49276) real estate is 78 years old

The Rental Market in Riga (zip 49276)

- Renters make up 13.9% of the Riga (zip 49276) population
- 0.0% of houses and apartments in Riga (zip 49276), 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	Riga, Michigan	United States
	411.0	139,647,020.0
	65	42
	$222,000	$338,100
	16.2%	16.6%
	56.4%	57.0%
	106.2%	101.1%
	$14.52	$10.98
	$2,028	$2,690
	86.9%	57.4%
	4.1%	11.2%
	9.0%	31.4%
Vacant Housing
	0.0%	1.9%
	2.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	12.9%	2.8%
	5.9%	3.9%
	5.9%	4.5%
	26.6%	11.3%
	17.1%	13.0%
	12.9%	20.1%
	4.5%	13.6%
	8.1%	8.3%
	3.1%	9.7%
	3.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	10.2%	13.6%
	3.2%	13.2%
	21.2%	14.8%
	10.2%	13.6%
	7.5%	10.0%
	6.1%	4.7%
	39.7%	12.2%

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