Welcome to our 48642 real estate data hub, tailored for investors in Midland, MI. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 48642 in Midland, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MIDLAND COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Midland, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Midland property market.
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Location Overview
- Zip Code: 48642
- City: Midland
- State: MI
- Metro Area: Midland, MI
- County Name: MIDLAND COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $213,037
- Average Home Price (Single Family Homes): $211,054
- Average Monthly Rental Price (All Types): $1,559
- Price-to-Rent Ratio: 11
- Zillow Projected % appreciation from 4/2023-4/2024: 1.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,050
- Average 3 Bedroom Section 8 Rental Rates: $1,410
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.91
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 12.59
- Number of Units Offered in Section 8 in the County: Not Available
- Number of Occupied Units in Section 8 in the County: Not Available
- Percentage of Section 8 Units Occupied in the County: Not Available%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 127.98
- Total % Appreciation since 2000 (Government Data): 59.35
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.26%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.3%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 31%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.26%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 59.43%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 49.34%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.57%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -2.05%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%