USA.com / Michigan / Hillsdale County / Hillsdale, MI / 49242 / Housing

49242 Zip Code Housing

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As of 2010-2014, median price of a house in 49242 Zip Code is $94,800, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The 49242 Zip Code median house value has grown by 13.81% since 2000. The growth rate for the price of a house in 49242 Zip Code is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in 49242 Zip Code was built is 1960, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 3,647 Owner Occupied Houses in 49242 Zip Code, see rank

49242 Zip Code	94,800 USD
Michigan	120,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

49242 Zip Code	13.81%
Michigan	3.98%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	49242 Zip Code	Michigan	U.S.
Total Housing Units	6,480, see rank, 100%	4,532,719	132,741,033
Occupied Housing Units	5,534, 85.40%, see rank	84.45%	87.55%
Owner Occupied	3,647, 56.28%, see rank	60.41%	56.34%
Renter Occupied	1,887, 29.12%, see rank	24.04%	31.21%
Vacant Housing Units	946, 14.60%, see rank	15.55%	12.45%
For Rent	133, 2.05%, see rank	1.84%	2.34%
For Sale Only	45, 0.69%, see rank	1.40%	1.20%
Rented or Sold, Not Occupied	119, 1.84%, see rank	1.04%	0.92%
For Seasonal, Recreational, or Occasional Use	302, 4.66%, see rank	6.26%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	347, 5.35%, see rank	4.96%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #759

49242 Zip Code	Michigan	U.S.
1960	1969	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	49242 Zip Code	%	Michigan	U.S.
Owner-Occupied Units	3,647	100%	2,738,012	74,787,460
With a Mortgage	2,166	59.39%, see rank	63.63%	65.58%
Without a Mortgage	1,481	40.61%, see rank	36.37%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

49242 Zip Code	1,021 USD
Michigan	1,295 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	49242 Zip Code	%	Michigan	U.S.
$299 or Less	0	0.00%, see rank	0.19%	0.20%
$300 to $499	68	3.14%, see rank	1.88%	1.59%
$500 to $699	235	10.85%, see rank	6.65%	5.01%
$700 to $999	742	34.26%, see rank	19.56%	14.32%
$1,000 to $1,499	715	33.01%, see rank	34.69%	27.90%
$1,500 to $1,999	275	12.70%, see rank	20.06%	20.35%
$2,000 to $2,999	114	5.26%, see rank	12.84%	19.52%
$3,000 or More	17	0.78%, see rank	4.13%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

49242 Zip Code	22.60% of the Total Income
Michigan	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	49242 Zip Code	%	Michigan	U.S.
10% or Less	124	5.72%, see rank	5.90%	5.86%
10% to 20%	790	36.47%, see rank	35.28%	31.95%
20% to 30%	624	28.81%, see rank	27.51%	27.64%
30% to 40%	236	10.90%, see rank	12.63%	13.74%
40% or More	378	17.45%, see rank	18.20%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

49242 Zip Code	378 USD
Michigan	463 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	49242 Zip Code	%	Michigan	U.S.
$199 or Less	83	5.60%, see rank	4.74%	7.76%
$200 to $299	334	22.55%, see rank	12.46%	14.70%
$300 to $499	763	51.52%, see rank	40.41%	34.63%
$500 to $699	142	9.59%, see rank	25.95%	21.16%
$700 or More	159	10.74%, see rank	16.44%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

49242 Zip Code	12.00% of the Total Income
Michigan	13.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	49242 Zip Code	%	Michigan	U.S.
10% or Less	625	42.20%, see rank	35.33%	40.19%
10% to 20%	442	29.84%, see rank	33.76%	31.47%
20% to 30%	203	13.71%, see rank	13.39%	12.24%
30% to 40%	66	4.46%, see rank	6.18%	5.64%
40% or More	121	8.17%, see rank	9.99%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	49242 Zip Code	Michigan	U.S.
Total Housing Units	6,480, 100%	4,532,719	132,741,033
1-unit, Detached	4,668, 72.04%, see rank	71.97%	61.65%
1-unit, Attached	59, 0.91%, see rank	4.66%	5.82%
2 Units	247, 3.81%, see rank	2.58%	3.75%
3 or 4 Units	241, 3.72%, see rank	2.56%	4.43%
5 to 9 Units	371, 5.73%, see rank	4.20%	4.78%
10 or More Units	510, 7.87%, see rank	8.58%	13.08%
Mobile Home, Boat, RV, Van, etc.	384, 5.93%, see rank	5.45%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	49242 Zip Code	Michigan	U.S.
Total Housing Units	6,480, 100%	4,532,719	132,741,033
1 Room	61, 0.94%, see rank	1.24%	1.95%
2 Rooms	168, 2.59%, see rank	1.78%	2.48%
3 Rooms	421, 6.50%, see rank	7.14%	9.13%
4 Rooms	967, 14.92%, see rank	14.38%	16.60%
5 Rooms	1,229, 18.97%, see rank	21.00%	20.41%
6 Rooms	1,347, 20.79%, see rank	20.07%	18.06%
7 Rooms	822, 12.69%, see rank	13.45%	12.27%
8 Rooms	592, 9.14%, see rank	9.27%	8.48%
9 Rooms or More	873, 13.47%, see rank	11.67%	10.60%
Median Rooms	5.80, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	49242 Zip Code	Michigan	U.S.
Total Housing Units	6,480, 100%	4,532,719	132,741,033
No Bedroom	99, 1.53%, see rank	1.35%	2.17%
1 Bedroom	744, 11.48%, see rank	9.11%	11.16%
2 Bedrooms	1,798, 27.75%, see rank	26.33%	26.69%
3 Bedrooms	2,566, 39.60%, see rank	43.93%	39.70%
4 Bedrooms	934, 14.41%, see rank	15.80%	16.05%
5 or More Bedrooms	339, 5.23%, see rank	3.47%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	49242 Zip Code	Michigan	U.S.
Total Housing Units	5,534, 100%	3,827,880	116,211,092
Utility Gas	3,332, 60.21%, see rank	77.13%	48.85%
Bottled, Tank, or LP Gas	1,169, 21.12%, see rank	8.48%	4.86%
Electricity	413, 7.46%, see rank	8.30%	36.68%
Fuel Oil, Kerosene, etc.	148, 2.67%, see rank	1.40%	5.86%
Coal or Coke	26, 0.47%, see rank	0.03%	0.12%
Wood	320, 5.78%, see rank	3.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	70, 1.26%, see rank	0.86%	0.47%
No Fuel Used	56, 1.01%, see rank	0.39%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	49242 Zip Code	Michigan	U.S.
Occupied Units Paying Rent	1,771, 100%	1,028,835	39,201,928
$199 or Less	138, 7.79%, see rank	1.86%	1.50%
$200 to $299	97, 5.48%, see rank	3.88%	3.18%
$300 to $499	347, 19.59%, see rank	9.32%	7.37%
$500 to $699	541, 30.55%, see rank	23.63%	16.01%
$700 to $999	479, 27.05%, see rank	35.23%	29.17%
$1,000 to $1,499	136, 7.68%, see rank	20.17%	26.88%
$1,500 to $1,999	12, 0.68%, see rank	3.85%	9.79%
$2,000 or More	21, 1.19%, see rank	2.06%	6.10%
Median	$594, see rank	$780	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	49242 Zip Code	Michigan	U.S.
Occupied Housing Units	5,534, 100%	3,827,880	116,211,092
No Vehicles Available	587, 10.61%, see rank	7.97%	9.12%
1 Vehicles Available	2,175, 39.30%, see rank	35.06%	33.80%
2 Vehicles Available	1,888, 34.12%, see rank	38.45%	37.48%
3 or More Vehicles Available	884, 15.97%, see rank	18.52%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.