Zip 49456 (Spring Lake, MI) Housing

The housing median value in Spring Lake, Michigan (49456) is $337,700, which is slightly lower than the US house median value of $338,100. However, the 1 year house appreciation in Spring Lake is 13.62%, which is much higher than the US 1 year house appreciation of 8.27%. This means that housing values in Spring Lake are increasing at a faster rate compared to other areas across the country and could be a great investment opportunity for those looking to buy property in the area.

The median home cost in Spring Lake (zip 49456) is $337,700. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Spring Lake (zip 49456) is up 16.5%.

Average Age of Homes

- The median age of Spring Lake (zip 49456) real estate is 35 years old

The Rental Market in Spring Lake (zip 49456)

- Renters make up 20.4% of the Spring Lake (zip 49456) population
- 1.9% of houses and apartments in Spring Lake (zip 49456), 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	Spring Lake, Michigan	United States
	9,825.0	139,647,020.0
	38	42
	$337,700	$338,100
	16.5%	16.6%
	63.3%	57.0%
	124.7%	101.1%
	$12.18	$10.98
	$2,966	$2,690
	72.4%	57.4%
	10.7%	11.2%
	16.9%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.7%	0.4%
	5.4%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	1.5%	2.4%
	0.3%	2.8%
	0.9%	3.9%
	3.1%	4.5%
	16.2%	11.3%
	13.1%	13.0%
	26.3%	20.1%
	11.5%	13.6%
	10.0%	8.3%
	8.3%	9.7%
	1.8%	3.9%
	1.2%	2.2%
	0.5%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	17.5%	13.6%
	17.5%	13.6%
	16.5%	13.6%
	15.7%	13.2%
	14.3%	14.8%
	16.5%	13.6%
	10.5%	10.0%
	3.3%	4.7%
	8.9%	12.2%

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