Zip 48473 (Swartz Creek, MI) Housing

The housing market in Swartz Creek, MI (48473) is quite active. The median value of homes in the area is $198,000, which is significantly less than the US median of $338,100. Despite this, the area has experienced a strong appreciation rate over the last year of 6.41%, compared to a US average of 8.27%. This suggests that property values around Swartz Creek are rising steadily and it may be an attractive prospect for potential homeowners or investors looking for value in the area.

The median home cost in Swartz Creek (zip 48473) is $198,000. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Swartz Creek (zip 48473) is up 12.8%.

Average Age of Homes

- The median age of Swartz Creek (zip 48473) real estate is 39 years old

The Rental Market in Swartz Creek (zip 48473)

- Renters make up 12.2% of the Swartz Creek (zip 48473) population
- 0.0% of houses and apartments in Swartz Creek (zip 48473), 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	Swartz Creek, Michigan	United States
	10,138.0	139,647,020.0
	43	42
	$198,000	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$15.19	$10.98
	$2,360	$2,690
	79.9%	57.4%
	4.8%	11.2%
	15.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	1.1%	0.4%
	0.4%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	2.3%	2.4%
	3.6%	2.8%
	2.6%	3.9%
	3.1%	4.5%
	29.4%	11.3%
	29.8%	13.0%
	18.7%	20.1%
	4.5%	13.6%
	0.5%	8.3%
	0.4%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.7%	13.6%
	13.7%	13.6%
	15.5%	13.6%
	11.8%	13.2%
	20.4%	14.8%
	15.5%	13.6%
	7.9%	10.0%
	3.3%	4.7%
	5.5%	12.2%

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