Housing in Deerfield, MI (49238) is a great investment. The median value of homes in this area is $189,000 which is significantly lower than the US House median value of $338,100. This allows potential buyers to purchase a home at an affordable price and take advantage of the great appreciation rate. In the last year alone, the home appreciation rate was 9.09%, higher than the US average of 8.27%. With these positive trends, investing in housing in Deerfield, MI is sure to be a sound decision.
The median home cost in Deerfield (zip 49238) is $189,000. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Deerfield (zip 49238) is up 16.2%.
Average Age of Homes
- The median age of Deerfield (zip 49238) real estate is 70 years old
The Rental Market in Deerfield (zip 49238)
- Renters make up 17.7% of the Deerfield (zip 49238) population
- 0.0% of houses and apartments in Deerfield (zip 49238), 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.