Welcome to our 49519 real estate data hub, tailored for investors in Wyoming, 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 49519 in Wyoming, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KENT COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Wyoming, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Wyoming property market.
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Location Overview
- Zip Code: 49519
- City: Wyoming
- State: MI
- Metro Area: Grand Rapids-Kentwood, MI
- County Name: KENT COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $257,177
- Average Home Price (Single Family Homes): $261,064
- Average Monthly Rental Price (All Types): $1,373
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 1.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,420
- Average 3 Bedroom Section 8 Rental Rates: $1,850
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 15.09
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 11.58
- Number of Units Offered in Section 8 in the County: 3461
- Number of Occupied Units in Section 8 in the County: 3267
- Percentage of Section 8 Units Occupied in the County: 94.40000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 218.18
- Total % Appreciation since 2000 (Government Data): 115.81
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.31%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.27%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.43%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.8%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 111.28%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 81.21%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 84.05%
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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%