At 49454 Scottville, MI the median housing value is $161,000 which is significantly lower than the US median of $338,100. Over the past year the US houses appreciated 8.27%, while in Scottville, MI the appreciation rate was 13.62%. These numbers indicate that Scottville's market is growing faster than the national average and suggests a good place for investing in property. Furthermore, with housing values that are far below the national median it could be an attractive area for those looking to purchase or rent a home.
The median home cost in Scottville (zip 49454) is $161,000. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Scottville (zip 49454) is up 16.5%.
Average Age of Homes
- The median age of Scottville (zip 49454) real estate is 43 years old
The Rental Market in Scottville (zip 49454)
- Renters make up 15.9% of the Scottville (zip 49454) population
- 1.1% of houses and apartments in Scottville (zip 49454), 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.