Beaverton, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Beaverton Neighborhoods Since 2000




Beaverton, MI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Beaverton Housing Market Information

With 1,049 people, 504 houses or apartments, and a median cost of homes of $91,298, house prices in Beaverton are some of the most affordable in Michigan as well as the nation.

Single-family detached homes are the single most common housing type in Beaverton, accounting for 60.61% of the city's housing units. Other types of housing that are prevalent in Beaverton include large apartment complexes or high rise apartments ( 24.58%), mobile homes or trailers ( 10.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.20%).

People in Beaverton primarily live in small (one, two or no bedroom) single-family detached homes. Beaverton has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Beaverton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Beaverton built between 1940-1969 ( 25.08%). A lesser amount of the housing stock also hails from before 1939 ( 12.96%). There's also some housing in Beaverton built between 2000 and later ( 10.27%).

Vacant housing appears to be an issue in Beaverton. Fully 15.15% of the housing stock is classified as vacant. Left unchecked, vacant Beaverton homes and apartments can be a drag on the real estate market, holding Beaverton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Beaverton Home Appreciation Rates

Homes have actually lost value in Beaverton over the last then years, as home values have seen a decline of 21.99% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Beaverton home appreciation rates at 0.00%, which equates to an annual appreciation rate of 0.00%.

Over the last year, Beaverton appreciation rates have trailed the rest of the nation. In the last twelve months, Beaverton's appreciation rate has been 0.05%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Beaverton were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Michigan, our data show that Beaverton's latest annual appreciation rate is lower than 90% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$91,298

Beaverton, MI HOME PRICES

Value Range
> $1,055,000 0.4
$791,001 - $1,055,000 0.0
$528,001 - $791,000 0.4
$422,001 - $528,000 0.3
$317,001 - $422,000 1.5
$211,001 - $317,000 7.9
$106,001 - $211,000 31.3
$53,001 - $106,000 36.1
$0 - $53,000 22.1

Very Low for MI
Very Low for Nation

Value Relative to Nation Value Relative to State
83.0598851517638 83.4935897435898

Number Of Homes And Apartments:
504

Beaverton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
1.42% 0.08% 4 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$691 / per month

Homeownership Rate

Homeownership
Owners 47.82
Renters 52.18
Vacant 15.15

Housing Market Details

 

Age of Homes

AGE OF Beaverton HOMES
2000 or Newer 10.3
1970 - 1999 51.7
1940 - 1969 25.1
1939 or Older 13.0

Types of Homes

TYPE OF Beaverton HOMES
Single-Family 60.6
Townhomes 1.5
Small Apt. Buildings 3.2
Apt. Complexes 24.6
Mobile Homes 10.1
Other 0.0

Home Size

SIZE OF Beaverton HOMES
No Bedroom 0.51
1 Bedroom 23.57
2 Bedrooms 28.28
3 Bedrooms 41.08
4 Bedrooms 3.37
5 or more bedrooms 3.20

Popular Communities Near Beaverton, MI

Zip Codes in Beaverton, MI