The housing market in 48080 St. Clair Shores, MI has a median value of $193,100, which is significantly lower than the US House Median Value of $338,100. The 1 year house appreciation rate in this area is 7.58%, which is slightly lower than the US 1 year house appreciation rate of 8.27%. This could indicate that the real estate market in 48080 St. Clair Shores, MI is relatively stable but not growing as quickly as other areas across the country.
The median home cost in St. Clair Shores (zip 48080) is $193,100. Home appreciation the last 10 years has been 116.4%. Home Appreciation in St. Clair Shores (zip 48080) is up 10.8%.
Average Age of Homes
- The median age of St. Clair Shores (zip 48080) real estate is 60 years old
The Rental Market in St. Clair Shores (zip 48080)
- Renters make up 27.4% of the St. Clair Shores (zip 48080) population
- 0.7% of houses and apartments in St. Clair Shores (zip 48080), 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.