Zip 48756 (Skidway Lake, MI) Housing

48756 Skidway Lake, MI has a median housing value of $74,500, which is significantly lower than the US median housing value of $338,100. Despite this, the 1-year house appreciation rate in 48756 Skidway Lake, MI is 9.81%, which is higher than the US 1-year house appreciation rate of 8.27%. This indicates that the housing market in 48756 Skidway Lake, MI is growing faster than the national average and may be a good investment opportunity for potential buyers.

The median home cost in Skidway Lake (zip 48756) is $74,500. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Skidway Lake (zip 48756) is up 14.8%.

Average Age of Homes

- The median age of Skidway Lake (zip 48756) real estate is 44 years old

The Rental Market in Skidway Lake (zip 48756)

- Renters make up 10.0% of the Skidway Lake (zip 48756) population
- 0.0% of houses and apartments in Skidway Lake (zip 48756), 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	Skidway Lake, Michigan	United States
	3,071.0	139,647,020.0
	46	42
	$74,500	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$11.67	$10.98
	$818	$2,690
	45.5%	57.4%
	43.4%	11.2%
	11.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	1.7%	0.4%
	37.9%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	5.9%	2.6%
	20.9%	2.4%
	17.4%	2.8%
	17.3%	3.9%
	9.3%	4.5%
	12.3%	11.3%
	8.2%	13.0%
	6.1%	20.1%
	1.7%	13.6%
	0.1%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.9%	13.6%
	12.9%	13.6%
	10.8%	13.6%
	9.4%	13.2%
	26.8%	14.8%
	10.8%	13.6%
	11.3%	10.0%
	7.5%	4.7%
	4.7%	12.2%

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