Welcome to our 49267 real estate data hub, tailored for investors in Ottawa Lake, 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 49267 in Ottawa Lake, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONROE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Ottawa Lake, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Ottawa Lake property market.
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Location Overview
- Zip Code: 49267
- City: Ottawa Lake
- State: MI
- Metro Area: Monroe, MI
- County Name: MONROE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $271,074
- Average Home Price (Single Family Homes): $270,390
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,330
- Average 3 Bedroom Section 8 Rental Rates: $1,700
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.98
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.29
- Number of Units Offered in Section 8 in the County: 992
- Number of Occupied Units in Section 8 in the County: 908
- Percentage of Section 8 Units Occupied in the County: 91.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 201.86
- Total % Appreciation since 2000 (Government Data): 63.12
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.82%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.07%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.19%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 37.78%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 71.62%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.87%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.48%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 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%