Zip 49098 (Watervliet, MI) Housing

The housing market in 49098 Watervliet, MI is doing very well. The median value of a home in the area is $174,200, which is much lower than the US house median value of $338,100. This makes the area more affordable for potential buyers and renters. Additionally, the 1 year house appreciation rate in 49098 Watervliet, MI has been 10.54%, which is higher than the US average of 8.27%. These figures suggest that there is a healthy market for houses in this location because values are increasing and more people may be interested in buying or renting homes here.

The median home cost in Watervliet (zip 49098) is $174,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Watervliet (zip 49098) is up 14.9%.

Average Age of Homes

- The median age of Watervliet (zip 49098) real estate is 54 years old

The Rental Market in Watervliet (zip 49098)

- Renters make up 18.3% of the Watervliet (zip 49098) population
- 2.0% of houses and apartments in Watervliet (zip 49098), 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

Housing	Watervliet, Michigan	United States
	2,873.0	139,647,020.0
	53	42
	$174,200	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$12.32	$10.98
	$1,744	$2,690
	62.3%	57.4%
	21.9%	11.2%
	15.8%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	14.1%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	4.9%	2.4%
	7.0%	2.8%
	7.7%	3.9%
	21.2%	4.5%
	15.2%	11.3%
	13.1%	13.0%
	15.6%	20.1%
	2.4%	13.6%
	1.6%	8.3%
	4.4%	9.7%
	0.3%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	14.9%	13.6%
	11.5%	13.2%
	11.6%	14.8%
	14.9%	13.6%
	10.3%	10.0%
	8.9%	4.7%
	23.0%	12.2%

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