Zip 49963 (South Range, MI) Housing

49963 South Range, MI has an impressive housing median value of $89,900 – significantly lower than the US house median value of $338,100. What's even more noteworthy is that in the past year, the house appreciation rate in 49963 South Range, MI was 12.24%, higher than the US house appreciation rate of 8.27%. This makes 49963 South Range, MI a great location for potential home buyers who want to invest in a property with good value and potential growth in the future.

The median home cost in South Range (zip 49963) is $89,900. Home appreciation the last 10 years has been 97.4%. Home Appreciation in South Range (zip 49963) is up 18.2%.

Average Age of Homes

- The median age of South Range (zip 49963) real estate is 78 years old

The Rental Market in South Range (zip 49963)

- Renters make up 17.6% of the South Range (zip 49963) population
- 3.8% of houses and apartments in South Range (zip 49963), 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	South Range, Michigan	United States
	315.0	139,647,020.0
	60	42
	$89,900	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$13.97	$10.98
	$1,370	$2,690
	60.0%	57.4%
	22.2%	11.2%
	17.8%	31.4%
Vacant Housing
	3.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.5%	3.6%
	14.9%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	22.2%	2.4%
	12.7%	2.8%
	21.2%	3.9%
	13.2%	4.5%
	14.8%	11.3%
	4.2%	13.0%
	7.9%	20.1%
	0.0%	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%
	11.7%	13.6%
	11.7%	13.6%
	7.6%	13.6%
	1.9%	13.2%
	14.3%	14.8%
	7.6%	13.6%
	1.3%	10.0%
	6.3%	4.7%
	50.5%	12.2%

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