Welcome to our 48884 real estate data hub, tailored for investors in Sheridan, 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 48884 in Sheridan, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONTCALM COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Sheridan, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Sheridan property market.
-
Location Overview
- Zip Code: 48884
- City: Sheridan
- State: MI
- Metro Area: Grand Rapids-Kentwood, MI
- County Name: MONTCALM COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $160,186
- Average Home Price (Single Family Homes): $159,539
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.7%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $940
- Average 3 Bedroom Section 8 Rental Rates: $1,160
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 14.2
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 11.51
- Number of Units Offered in Section 8 in the County: 303
- Number of Occupied Units in Section 8 in the County: 273
- Percentage of Section 8 Units Occupied in the County: 90.19999695%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 121.56
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 4.24%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.1%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.64%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 69.86%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 165.84%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 111.56%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 145.91%
-
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%