Zip 49962 (Skanee, MI) Housing

The housing market in 49962 Skanee, MI is very strong. The median value of a house in Skanee is $193,700, which is significantly less than the US median house value of $338,100. Over the past year, the appreciation rate for houses in Skanee has been 12.24%, which is higher than the US average of 8.27%. This means that those who own homes in Skanee are seeing an increase in their property values faster than most other areas across the country.

The median home cost in Skanee (zip 49962) is $193,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Skanee (zip 49962) is up 18.2%.

Average Age of Homes

- The median age of Skanee (zip 49962) real estate is 45 years old

The Rental Market in Skanee (zip 49962)

- Renters make up 0.8% of the Skanee (zip 49962) population
- 0.0% of houses and apartments in Skanee (zip 49962), 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

Housing	Skanee, Michigan	United States
	422.0	139,647,020.0
	45	42
	$193,700	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$15.14	$10.98
	$1,893	$2,690
	25.8%	57.4%
	73.7%	11.2%
	0.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.4%	0.4%
	69.2%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	5.5%	2.4%
	0.0%	2.8%
	4.6%	3.9%
	11.0%	4.5%
	21.1%	11.3%
	9.2%	13.0%
	24.8%	20.1%
	9.2%	13.6%
	1.8%	8.3%
	7.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.3%	13.6%
	12.3%	13.6%
	15.9%	13.6%
	7.1%	13.2%
	24.2%	14.8%
	15.9%	13.6%
	9.2%	10.0%
	3.6%	4.7%
	14.0%	12.2%

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