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Pontiac, MI Housing

 
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As of 2010-2014, median price of a house in Pontiac is $55,300, which is much lower than the state average of $120,200 and is much lower than the national average of $175,700. The Pontiac median house value has shrunk by 25.57% since 2000. The growth rate for the price of a house in Pontiac is lower than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Pontiac was built is 1958, 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 ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 10,321 Owner Occupied Houses in Pontiac, MI, #632
Pontiac, MI
55,300 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #580
Pontiac, MI
-25.57%
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

 Pontiac, MIMichiganU.S.
Total Housing Units27,671, see rank, 100%4,532,719132,741,033
Occupied Housing Units23,238, 83.98%, see rank84.45%87.55%
Owner Occupied10,321, 37.30%, see rank60.41%56.34%
Renter Occupied12,917, 46.68%, see rank24.04%31.21%
Vacant Housing Units4,433, 16.02%, see rank15.55%12.45%
For Rent1,578, 5.70%, see rank1.84%2.34%
For Sale Only407, 1.47%, see rank1.40%1.20%
Rented or Sold, Not Occupied278, 1.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant2,170, 7.84%, see rank4.96%4.00%

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

Year Structure Built

Median Built Year, #416
Pontiac, MIMichiganU.S.
195819691976

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

 Pontiac, MI%MichiganU.S.
Owner-Occupied Units10,321100%2,738,01274,787,460
With a Mortgage6,13559.44%, see rank63.63%65.58%
Without a Mortgage4,18640.56%, see rank36.37%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
Pontiac, MI
1,097 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsPontiac, MI%MichiganU.S.
$299 or Less100.16%, see rank0.19%0.20%
$300 to $4991051.71%, see rank1.88%1.59%
$500 to $6995659.21%, see rank6.65%5.01%
$700 to $9991,82029.67%, see rank19.56%14.32%
$1,000 to $1,4992,41639.38%, see rank34.69%27.90%
$1,500 to $1,99992515.08%, see rank20.06%20.35%
$2,000 to $2,9992594.22%, see rank12.84%19.52%
$3,000 or More350.57%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Pontiac, MI
25.60% 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
 Pontiac, MI%MichiganU.S.
10% or Less2944.79%, see rank5.90%5.86%
10% to 20%1,59526.00%, see rank35.28%31.95%
20% to 30%1,83629.93%, see rank27.51%27.64%
30% to 40%76412.45%, see rank12.63%13.74%
40% or More1,55825.40%, see rank18.20%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
Pontiac, MI
383 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsPontiac, MI%MichiganU.S.
$199 or Less2746.55%, see rank4.74%7.76%
$200 to $2991,12626.90%, see rank12.46%14.70%
$300 to $4991,63439.03%, see rank40.41%34.63%
$500 to $69979318.94%, see rank25.95%21.16%
$700 or More3598.58%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Pontiac, MI
17.80% 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
 Pontiac, MI%MichiganU.S.
10% or Less1,15327.54%, see rank35.33%40.19%
10% to 20%1,07725.73%, see rank33.76%31.47%
20% to 30%81419.45%, see rank13.39%12.24%
30% to 40%3879.25%, see rank6.18%5.64%
40% or More61014.57%, see rank9.99%9.16%

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

Units in Structure

 Pontiac, MIMichiganU.S.
Total Housing Units27,671, 100%4,532,719132,741,033
1-unit, Detached17,588, 63.56%, see rank71.97%61.65%
1-unit, Attached877, 3.17%, see rank4.66%5.82%
2 Units901, 3.26%, see rank2.58%3.75%
3 or 4 Units1,245, 4.50%, see rank2.56%4.43%
5 to 9 Units2,335, 8.44%, see rank4.20%4.78%
10 or More Units4,237, 15.31%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.488, 1.76%, see rank5.45%6.49%

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

Rooms

 Pontiac, MIMichiganU.S.
Total Housing Units27,671, 100%4,532,719132,741,033
1 Room878, 3.17%, see rank1.24%1.95%
2 Rooms367, 1.33%, see rank1.78%2.48%
3 Rooms2,509, 9.07%, see rank7.14%9.13%
4 Rooms5,662, 20.46%, see rank14.38%16.60%
5 Rooms7,526, 27.20%, see rank21.00%20.41%
6 Rooms5,689, 20.56%, see rank20.07%18.06%
7 Rooms2,534, 9.16%, see rank13.45%12.27%
8 Rooms1,246, 4.50%, see rank9.27%8.48%
9 Rooms or More1,260, 4.55%, see rank11.67%10.60%
Median Rooms5.10, see rank5.705.50

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

Bedrooms

 Pontiac, MIMichiganU.S.
Total Housing Units27,671, 100%4,532,719132,741,033
No Bedroom971, 3.51%, see rank1.35%2.17%
1 Bedroom3,370, 12.18%, see rank9.11%11.16%
2 Bedrooms9,331, 33.72%, see rank26.33%26.69%
3 Bedrooms10,945, 39.55%, see rank43.93%39.70%
4 Bedrooms2,598, 9.39%, see rank15.80%16.05%
5 or More Bedrooms456, 1.65%, see rank3.47%4.22%

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

House Heating Fuel

 Pontiac, MIMichiganU.S.
Total Housing Units23,238, 100%3,827,880116,211,092
Utility Gas20,686, 89.02%, see rank77.13%48.85%
Bottled, Tank, or LP Gas137, 0.59%, see rank8.48%4.86%
Electricity1,803, 7.76%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.25, 0.11%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood159, 0.68%, see rank3.39%2.12%
Solar Energy15, 0.06%, see rank0.02%0.05%
Other Fuel184, 0.79%, see rank0.86%0.47%
No Fuel Used229, 0.99%, see rank0.39%1.00%

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

Gross Rent

Monthly RentalPontiac, MIMichiganU.S.
Occupied Units Paying Rent12,417, 100%1,028,83539,201,928
$199 or Less744, 5.99%, see rank1.86%1.50%
$200 to $299727, 5.85%, see rank3.88%3.18%
$300 to $4991,469, 11.83%, see rank9.32%7.37%
$500 to $6992,799, 22.54%, see rank23.63%16.01%
$700 to $9994,350, 35.03%, see rank35.23%29.17%
$1,000 to $1,4992,205, 17.76%, see rank20.17%26.88%
$1,500 to $1,99985, 0.68%, see rank3.85%9.79%
$2,000 or More38, 0.31%, see rank2.06%6.10%
Median$730, see rank$780$920

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

Vehicle Available

 Pontiac, MIMichiganU.S.
Occupied Housing Units23,238, 100%3,827,880116,211,092
No Vehicles Available4,214, 18.13%, see rank7.97%9.12%
1 Vehicles Available10,465, 45.03%, see rank35.06%33.80%
2 Vehicles Available6,434, 27.69%, see rank38.45%37.48%
3 or More Vehicles Available2,125, 9.14%, see rank18.52%19.61%

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


 
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