Welcome to our 49441 real estate data hub, tailored for investors in Norton Shores, 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 49441 in Norton Shores, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MUSKEGON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Norton Shores, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Norton Shores property market.
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Location Overview
- Zip Code: 49441
- City: Norton Shores
- State: MI
- Metro Area: Muskegon, MI
- County Name: MUSKEGON COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $211,927
- Average Home Price (Single Family Homes): $209,825
- Average Monthly Rental Price (All Types): $1,071
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,030
- Average 3 Bedroom Section 8 Rental Rates: $1,290
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.15
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.69
- Number of Units Offered in Section 8 in the County: 1044
- Number of Occupied Units in Section 8 in the County: 1021
- Percentage of Section 8 Units Occupied in the County: 97.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 205.55
- Total % Appreciation since 2000 (Government Data): 95.68
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.93%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.37%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 41.07%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 64.24%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 165.51%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 119.95%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 120.59%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -6.07%
- 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%