Housing in 49826 Rumely, MI is quite affordable compared to the US Median value of $338,100. The median value for houses in this area is only $169,300, which is less than half of the median value for houses throughout the United States. Additionally, the 1 year appreciation rate of 12.90% for housing in this area is higher than the national average of 8.27%. This suggests that investing in real estate in 49826 Rumely, MI can potentially be a good long-term investment opportunity.
The median home cost in Rumely (zip 49826) is $169,300. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Rumely (zip 49826) is up 23.1%.
Average Age of Homes
- The median age of Rumely (zip 49826) real estate is 68 years old
The Rental Market in Rumely (zip 49826)
- Renters make up 9.2% of the Rumely (zip 49826) population
- 0.0% of houses and apartments in Rumely (zip 49826), 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.