Zip 48662 (Wheeler, MI) Housing

Housing in 48662 Wheeler, MI is slightly more expensive than the national median value of $338,100 - coming in at $133,400. Over the past year, it has seen a 9.86% appreciation rate compared to the national rate of 8.27%. This could indicate that the local housing market in this area is doing better than other areas across the nation. Those looking for a home in Wheeler, MI should be aware that they may be paying a bit of a premium over homes found elsewhere in the country.

The median home cost in Wheeler (zip 48662) is $133,400. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Wheeler (zip 48662) is up 15.7%.

Average Age of Homes

- The median age of Wheeler (zip 48662) real estate is 56 years old

The Rental Market in Wheeler (zip 48662)

- Renters make up 7.8% of the Wheeler (zip 48662) population
- 0.0% of houses and apartments in Wheeler (zip 48662), 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	Wheeler, Michigan	United States
	592.0	139,647,020.0
	53	42
	$133,400	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$15.74	$10.98
	$1,557	$2,690
	89.0%	57.4%
	6.3%	11.2%
	4.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	7.0%	2.4%
	7.6%	2.8%
	9.1%	3.9%
	22.0%	4.5%
	16.7%	11.3%
	13.5%	13.0%
	12.0%	20.1%
	3.2%	13.6%
	1.3%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	11.5%	13.6%
	6.9%	13.2%
	13.9%	14.8%
	11.5%	13.6%
	16.4%	10.0%
	11.0%	4.7%
	17.4%	12.2%

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