Zip 48182 (Temperance, MI) Housing

Temperance, MI (48182) has a median housing value of $234,500, which is significantly lower than the US median house value of $338,100. However, the one-year house appreciation rate in Temperance is 8.47%, which is slightly higher than the national average of 8.27%. This indicates that even though the cost of purchasing a home in this area may be initially lower than most other places in the country, it can still provide strong returns for those looking to invest in real estate in this city.

The median home cost in Temperance (zip 48182) is $234,500. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Temperance (zip 48182) is up 13.1%.

Average Age of Homes

- The median age of Temperance (zip 48182) real estate is 40 years old

The Rental Market in Temperance (zip 48182)

- Renters make up 13.6% of the Temperance (zip 48182) population
- 0.0% of houses and apartments in Temperance (zip 48182), 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	Temperance, Michigan	United States
	8,821.0	139,647,020.0
	45	42
	$234,500	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$12.06	$10.98
	$2,239	$2,690
	81.1%	57.4%
	4.3%	11.2%
	14.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.4%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	2.0%	2.4%
	0.5%	2.8%
	2.9%	3.9%
	3.5%	4.5%
	18.5%	11.3%
	25.9%	13.0%
	32.1%	20.1%
	7.6%	13.6%
	2.7%	8.3%
	1.6%	9.7%
	0.1%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	12.2%	13.6%
	12.2%	13.6%
	18.6%	13.6%
	6.2%	13.2%
	16.7%	14.8%
	18.6%	13.6%
	13.6%	10.0%
	3.9%	4.7%
	10.4%	12.2%

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