Welcome to our 49088 real estate data hub, tailored for investors in Scotts, 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 49088 in Scotts, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KALAMAZOO COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Scotts, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Scotts property market.
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Location Overview
- Zip Code: 49088
- City: Scotts
- State: MI
- Metro Area: Kalamazoo-Portage, MI
- County Name: KALAMAZOO COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $276,418
- Average Home Price (Single Family Homes): $275,626
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- 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: $1,370
- Average 3 Bedroom Section 8 Rental Rates: $1,800
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.81
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 12.8
- Number of Units Offered in Section 8 in the County: 2416
- Number of Occupied Units in Section 8 in the County: 2289
- Percentage of Section 8 Units Occupied in the County: 94.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 210.23
- Total % Appreciation since 2000 (Government Data): 80.5
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.39%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.53%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.5%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 57.82%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 104.43%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 102.38%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 114.51%
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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%