The housing market in 49347 Trufant, MI is thriving. The median value of housing in this area is $180,700, significantly lower than the US median value of $338,100. Despite this lower median value, the one year appreciation rate for houses in 49347 Trufant, MI is 12.54%, which is higher than the US one year appreciation rate of 8.27%. This high rate of appreciation suggests that this area has a strong housing market and that it is a good place to invest in real estate.
The median home cost in Trufant (zip 49347) is $180,700. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Trufant (zip 49347) is up 16.2%.
Average Age of Homes
- The median age of Trufant (zip 49347) real estate is 52 years old
The Rental Market in Trufant (zip 49347)
- Renters make up 13.8% of the Trufant (zip 49347) population
- 0.0% of houses and apartments in Trufant (zip 49347), 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.