Zip 48189 (Whitmore Lake, MI) Housing

Housing in Whitmore Lake, MI (48189) is slightly higher than the median value for the United States. Homes in this area have a median value of $304,700 compared to $338,100 across the country as a whole. Additionally, house appreciation over the past year has been 8.47% in Whitmore Lake compared to 8.27% for the US overall. This means that housing prices in Whitmore Lake are appreciating at a slightly faster rate than those found nationally.

The median home cost in Whitmore Lake (zip 48189) is $304,700. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Whitmore Lake (zip 48189) is up 13.1%.

Average Age of Homes

- The median age of Whitmore Lake (zip 48189) real estate is 35 years old

The Rental Market in Whitmore Lake (zip 48189)

- Renters make up 17.3% of the Whitmore Lake (zip 48189) population
- 0.4% of houses and apartments in Whitmore Lake (zip 48189), 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	Whitmore Lake, Michigan	United States
	6,421.0	139,647,020.0
	35	42
	$304,700	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$15.42	$10.98
	$3,604	$2,690
	73.4%	57.4%
	5.6%	11.2%
	21.1%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	1.2%	0.4%
	2.1%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	5.3%	2.6%
	7.7%	2.4%
	3.2%	2.8%
	1.0%	3.9%
	1.1%	4.5%
	4.8%	11.3%
	16.5%	13.0%
	24.4%	20.1%
	20.2%	13.6%
	7.4%	8.3%
	7.1%	9.7%
	0.8%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	27.0%	13.6%
	18.3%	13.2%
	10.9%	14.8%
	27.0%	13.6%
	6.5%	10.0%
	6.5%	4.7%
	7.4%	12.2%

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