The housing in 49088 Scotts, MI is a great investment opportunity for potential buyers. According to the data provided, the median value of housing in this area is $267,100 which is significantly lower than the US median value of $338,100. Additionally, over the past year, house appreciation in 49088 Scotts has been 10.54%, higher than the US average appreciation rate of 8.27%. This suggests that investing in real estate in this area can potentially yield greater returns than other areas of the country. Therefore, potential buyers should keep an eye on the market and consider investing here for a solid return on their investment.
The median home cost in Scotts (zip 49088) is $267,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Scotts (zip 49088) is up 14.9%.
Average Age of Homes
- The median age of Scotts (zip 49088) real estate is 40 years old
The Rental Market in Scotts (zip 49088)
- Renters make up 8.5% of the Scotts (zip 49088) population
- 0.3% of houses and apartments in Scotts (zip 49088), 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.