Zip 48609 (Shields, MI) Housing


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United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Shields (zip 48609)
Housing in 48609 Shields, MI is a great deal for potential homeowners. The median value of housing in the area is $182,700, lower than the US median value of $338,100. However, real estate in 48609 Shields has seen an appreciation rate of 9.86% over the past year which is higher than the US average of 8.27%. This makes purchasing a property in this area both affordable and profitable.

The median home cost in Shields (zip 48609) is $182,700. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Shields (zip 48609) is up 15.7%.

Average Age of Homes
- The median age of Shields (zip 48609) real estate is 42 years old
The Rental Market in Shields (zip 48609)
- Renters make up 11.7% of the Shields (zip 48609) population
- 1.5% of houses and apartments in Shields (zip 48609), 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

  HousingShields, MichiganUnited States
  5,552.0139,647,020.0
  4542
  $182,700$338,100
  15.7%16.6%
  57.6%57.0%
  76.0%101.1%
  $16.10$10.98
  $2,329$2,690
  82.1%57.4%
  4.7%11.2%
  13.2%31.4%
  Vacant Housing
  1.5%1.9%
  0.0%0.4%
  0.8%0.7%
  1.0%0.4%
  0.1%3.6%
  1.4%4.1%
  Value of Owner-Occupied Housing
  3.9%2.6%
  2.5%2.4%
  2.8%2.8%
  6.9%3.9%
  8.9%4.5%
  28.1%11.3%
  17.0%13.0%
  21.0%20.1%
  4.8%13.6%
  1.2%8.3%
  1.7%9.7%
  1.3%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  10.9%13.6%
  10.9%13.6%
  15.7%13.6%
  9.7%13.2%
  26.5%14.8%
  15.7%13.6%
  7.6%10.0%
  3.7%4.7%
  6.9%12.2%
Commute

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