Zip 48761 (South Branch, MI) Housing


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United States / Michigan / No Metro Area / Ogemaw County / No City / South Branch (zip 48761)
Housing in 48761 South Branch, MI is a great investment. The median value for housing in this area is $94,600 which is much lower than the US median value of $338,100. In the past year the US house appreciation rate was 8.27%, but in South Branch it was even higher at 9.81%. This makes it an attractive option for potential homebuyers and investors. With its low cost and high appreciation rate, South Branch is an excellent choice for anyone looking to purchase a home or invest in real estate.

The median home cost in South Branch (zip 48761) is $94,600. Home appreciation the last 10 years has been 84.9%. Home Appreciation in South Branch (zip 48761) is up 14.8%.

Average Age of Homes
- The median age of South Branch (zip 48761) real estate is 45 years old
The Rental Market in South Branch (zip 48761)
- Renters make up 5.0% of the South Branch (zip 48761) population
- 0.0% of houses and apartments in South Branch (zip 48761), 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

  HousingSouth Branch, MichiganUnited States
  1,454.0139,647,020.0
  4742
  $94,600$338,100
  14.8%16.6%
  62.1%57.0%
  84.9%101.1%
  $11.23$10.98
  $923$2,690
  26.3%57.4%
  70.6%11.2%
  3.1%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.4%0.7%
  0.0%0.4%
  65.1%3.6%
  5.1%4.1%
  Value of Owner-Occupied Housing
  3.1%2.6%
  13.4%2.4%
  19.4%2.8%
  12.8%3.9%
  15.2%4.5%
  5.2%11.3%
  12.6%13.0%
  17.3%20.1%
  1.0%13.6%
  0.0%8.3%
  0.0%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%
  12.9%13.6%
  12.9%13.6%
  10.5%13.6%
  9.8%13.2%
  25.2%14.8%
  10.5%13.6%
  13.8%10.0%
  5.2%4.7%
  4.7%12.2%
Commute