Vanderbilt, MI is a small town located in the Upper Peninsula of Michigan. It has a population of just over 500 people and is surrounded by forests and lakes. The median housing value in Vanderbilt is $145,100, which is significantly lower than the US median of $338,100. However, the one-year appreciation rate for houses in the area is 16.52%, which is higher than the US average of 8.27%. This indicates that housing prices are rising quickly in this small town. With its picturesque landscape and affordable prices, Vanderbilt makes an ideal location for potential home buyers looking to settle down in a quiet community.
The median home cost in Vanderbilt (zip 49795) is $145,100. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Vanderbilt (zip 49795) is up 21.4%.
Average Age of Homes
- The median age of Vanderbilt (zip 49795) real estate is 39 years old
The Rental Market in Vanderbilt (zip 49795)
- Renters make up 11.3% of the Vanderbilt (zip 49795) population
- 0.0% of houses and apartments in Vanderbilt (zip 49795), 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.