The housing market in 49287 Tipton, MI has been performing very well over the past year. The median value of homes in this area is $259,500 - slightly lower than the US median value of $338,100. However, the 1 year house appreciation rate in this area is 9.09%, much higher than the US average of 8.27%. This indicates that housing prices in this region are appreciating at a faster rate than the national average and that this area is an attractive location for potential home buyers looking to invest in real estate.
The median home cost in Tipton (zip 49287) is $259,500. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Tipton (zip 49287) is up 16.2%.
Average Age of Homes
- The median age of Tipton (zip 49287) real estate is 50 years old
The Rental Market in Tipton (zip 49287)
- Renters make up 10.2% of the Tipton (zip 49287) population
- 1.4% of houses and apartments in Tipton (zip 49287), 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.