Zip 49895 (Wetmore, MI) Housing


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United States / Michigan / No Metro Area / Alger County / No City / Wetmore (zip 49895)
The housing market in Wetmore, MI (Zip code 49895) is booming! The median value of homes in this area is $179,400, which is significantly lower than the US median home value of $338,100. Over the past year, home appreciation in Wetmore has been an impressive 12.90%, nearly 5% higher than the US average of 8.27%. This indicates that now is a great time to purchase property in Wetmore and enjoy the benefits of living there. With such high rates of appreciation and a median price lower than the national average, it's no wonder why people are flocking to this Michigan community.

The median home cost in Wetmore (zip 49895) is $179,400. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Wetmore (zip 49895) is up 23.1%.

Average Age of Homes
- The median age of Wetmore (zip 49895) real estate is 38 years old
The Rental Market in Wetmore (zip 49895)
- Renters make up 4.4% of the Wetmore (zip 49895) population
- 1.2% of houses and apartments in Wetmore (zip 49895), 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

  HousingWetmore, MichiganUnited States
  1,266.0139,647,020.0
  4242
  $179,400$338,100
  23.1%16.6%
  60.1%57.0%
  71.4%101.1%
  $10.96$10.98
  $1,750$2,690
  21.6%57.4%
  73.3%11.2%
  5.1%31.4%
  Vacant Housing
  1.2%1.9%
  0.0%0.4%
  0.5%0.7%
  0.0%0.4%
  68.1%3.6%
  3.6%4.1%
  Value of Owner-Occupied Housing
  1.5%2.6%
  0.7%2.4%
  6.2%2.8%
  5.1%3.9%
  4.4%4.5%
  28.2%11.3%
  19.0%13.0%
  17.9%20.1%
  9.9%13.6%
  2.2%8.3%
  4.0%9.7%
  0.7%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  15.0%13.6%
  15.0%13.6%
  7.4%13.6%
  19.4%13.2%
  17.1%14.8%
  7.4%13.6%
  11.4%10.0%
  4.7%4.7%
  2.3%12.2%
Commute