The housing market in 48884 Sheridan, MI is healthy and growing. The median house value in this area is $172,300, which is much lower than the US median house value of $338,100. In the past year, house appreciation in 48884 Sheridan has been 8.98%, higher than the national average of 8.27%. This shows that the housing market is still strong and is expected to continue to rise in value over time. With a very affordable median price point and increasing appreciation rates, 48884 Sheridan is an attractive destination for potential homebuyers.
The median home cost in Sheridan (zip 48884) is $172,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Sheridan (zip 48884) is up 12.2%.
Average Age of Homes
- The median age of Sheridan (zip 48884) real estate is 37 years old
The Rental Market in Sheridan (zip 48884)
- Renters make up 16.2% of the Sheridan (zip 48884) population
- 1.1% of houses and apartments in Sheridan (zip 48884), 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.