Zip 49969 (Watersmeet, MI) Housing


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United States / Michigan / No Metro Area / Gogebic County / No City / Watersmeet (zip 49969)
Housing in Watersmeet, MI is currently valued at a median of $254,900. This is much lower than the US median which stands at $338,100. However, over the past year there has been an impressive 12.24% appreciation in house value for Watersmeet compared to 8.27% for the US overall. This suggests that now could be an ideal time to invest in housing in Watersmeet as it is likely to continue appreciating in value.

The median home cost in Watersmeet (zip 49969) is $254,900. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Watersmeet (zip 49969) is up 18.2%.

Average Age of Homes
- The median age of Watersmeet (zip 49969) real estate is 37 years old
The Rental Market in Watersmeet (zip 49969)
- Renters make up 5.1% of the Watersmeet (zip 49969) population
- 0.0% of houses and apartments in Watersmeet (zip 49969), 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

  HousingWatersmeet, MichiganUnited States
  1,553.0139,647,020.0
  4042
  $254,900$338,100
  18.2%16.6%
  63.2%57.0%
  97.4%101.1%
  $18.47$10.98
  $2,725$2,690
  26.1%57.4%
  66.7%11.2%
  7.1%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.8%0.7%
  0.0%0.4%
  62.0%3.6%
  3.9%4.1%
  Value of Owner-Occupied Housing
  0.7%2.6%
  7.6%2.4%
  4.4%2.8%
  3.4%3.9%
  7.6%4.5%
  6.2%11.3%
  9.4%13.0%
  18.0%20.1%
  16.5%13.6%
  5.7%8.3%
  13.5%9.7%
  4.7%3.9%
  0.7%2.2%
  0.5%0.8%
  1.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  10.3%13.6%
  10.3%13.6%
  20.2%13.6%
  15.2%13.2%
  20.2%14.8%
  20.2%13.6%
  6.4%10.0%
  2.6%4.7%
  10.2%12.2%
Commute