Zip 48094 (Washington, MI) Housing


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Washington, MI is an area with a high median housing value of $403,400. This is significantly higher than the US median housing value of $338,100 and indicates that people living in Washington are likely to have higher incomes and access to more resources. Over the past year, the appreciation of houses in Washington has been slightly lower than the national average at 7.58%, while the US house appreciation over the same period was 8.27%. Overall this demonstrates that Washington is a desirable place to live and invest in real estate due to its relatively high housing values and stable appreciation rate.

The median home cost in Washington (zip 48094) is $403,400. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Washington (zip 48094) is up 10.8%.

Average Age of Homes
- The median age of Washington (zip 48094) real estate is 22 years old
The Rental Market in Washington (zip 48094)
- Renters make up 16.5% of the Washington (zip 48094) population
- 0.3% of houses and apartments in Washington (zip 48094), 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

  HousingWashington, MichiganUnited States
  7,957.0139,647,020.0
  2642
  $403,400$338,100
  10.8%16.6%
  47.2%57.0%
  116.4%101.1%
  $12.17$10.98
  $4,060$2,690
  79.9%57.4%
  2.6%11.2%
  17.5%31.4%
  Vacant Housing
  0.3%1.9%
  0.0%0.4%
  0.8%0.7%
  0.0%0.4%
  0.8%3.6%
  0.8%4.1%
  Value of Owner-Occupied Housing
  5.3%2.6%
  3.2%2.4%
  2.3%2.8%
  0.0%3.9%
  0.9%4.5%
  4.5%11.3%
  6.1%13.0%
  20.0%20.1%
  22.8%13.6%
  15.0%8.3%
  14.1%9.7%
  4.6%3.9%
  0.6%2.2%
  0.0%0.8%
  0.5%1.1%
  Housing Units by Year Structure Built
  0.6%0.2%
  23.6%13.6%
  23.6%13.6%
  24.6%13.6%
  13.3%13.2%
  11.3%14.8%
  24.6%13.6%
  2.5%10.0%
  2.3%4.7%
  3.8%12.2%
Commute