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Zip 49886 (Spalding, MI) Housing


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The housing market in Spalding, MI (49886) is doing well with the median value for a house sitting at $126,500. This is significantly lower than the U.S. median value of $338,100, making it a more affordable option for those looking to purchase a home. In the last year, appreciation of housing in Spalding has increased by 12.90%, which is higher than the US average increase of 8.27%. This trend shows that Spalding presents a great opportunity for those seeking to buy real estate and invest in the area's housing market.

The median home cost in Spalding (zip 49886) is $126,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Spalding (zip 49886) is up 23.1%.

Average Age of Homes
- The median age of Spalding (zip 49886) real estate is 58 years old
The Rental Market in Spalding (zip 49886)
- Renters make up 5.7% of the Spalding (zip 49886) population
- 0.0% of houses and apartments in Spalding (zip 49886), 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

  HousingSpalding, MichiganUnited States
  254.0139,647,020.0
  5142
  $126,500$338,100
  23.1%16.6%
  60.1%57.0%
  71.4%101.1%
  $11.67$10.98
  $1,250$2,690
  76.8%57.4%
  11.0%11.2%
  12.2%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  3.5%0.7%
  0.0%0.4%
  4.3%3.6%
  3.2%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  4.6%2.4%
  6.2%2.8%
  19.0%3.9%
  20.0%4.5%
  13.3%11.3%
  19.0%13.0%
  17.9%20.1%
  0.0%13.6%
  0.0%8.3%
  0.0%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%
  7.1%13.6%
  7.1%13.6%
  25.2%13.6%
  7.5%13.2%
  9.4%14.8%
  25.2%13.6%
  11.0%10.0%
  3.9%4.7%
  18.5%12.2%
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