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.