Zip 48897 (Woodland, MI) Housing

In 48897 Woodland, MI, the median value of housing is $193,500. This is significantly lower than the US House Median Value of $338,100, but it still shows a healthy appreciation rate over one year of 8.98%. In comparison to the national one-year house appreciation rate of 8.27%, Woodland's rate proves that housing in this area is in high demand and increasing in value at a steady pace. With its desirable location and attractive prices for potential buyers, Woodland's housing market looks to remain strong in the coming years.

The median home cost in Woodland (zip 48897) is $193,500. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Woodland (zip 48897) is up 12.2%.

Average Age of Homes

- The median age of Woodland (zip 48897) real estate is 59 years old

The Rental Market in Woodland (zip 48897)

- Renters make up 17.2% of the Woodland (zip 48897) population
- 0.8% of houses and apartments in Woodland (zip 48897), 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	Woodland, Michigan	United States
	645.0	139,647,020.0
	68	42
	$193,500	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$12.90	$10.98
	$1,964	$2,690
	78.9%	57.4%
	8.5%	11.2%
	12.6%	31.4%
Vacant Housing
	0.8%	1.9%
	0.8%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.7%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	1.6%	2.4%
	2.8%	2.8%
	2.2%	3.9%
	6.3%	4.5%
	35.2%	11.3%
	25.9%	13.0%
	16.1%	20.1%
	1.0%	13.6%
	4.5%	8.3%
	2.2%	9.7%
	0.0%	3.9%
	1.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	12.6%	13.6%
	4.7%	13.2%
	8.2%	14.8%
	12.6%	13.6%
	4.7%	10.0%
	4.2%	4.7%
	44.3%	12.2%

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