Casco, MI


Highest Appreciating Casco Neighborhoods Since 2000

Casco, 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

Casco Housing Market Information

With a population of 4,040, 707 total housing units (homes and apartments), and a median house value of $186,136, Casco real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Casco, accounting for 78.06% of the town's housing units. Other types of housing that are prevalent in Casco include mobile homes or trailers ( 20.05%), duplexes, homes converted to apartments or other small apartment buildings ( 1.10%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Casco. Owner-occupied housing accounts for 92.16% of Casco's homes, and 82.63% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Casco 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 Casco built before 1939 ( 16.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.78%). There's also some housing in Casco built between 2000 and later ( 12.48%).

Casco Home Appreciation Rates

Casco's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Casco during the period has been just -1.67%, which is lower than 80% of US communities.

Appreciation rates are so strong in Casco that despite a nationwide downturn in the housing market, Casco real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Casco appreciation rates continue to be some of the highest in America, at 5.94%, which is higher than appreciation rates in 73.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Casco. Casco appreciation rates in the latest quarter were at 1.86%, which equates to an annual appreciation rate of 7.66%.

Importantly, this makes Casco one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Michigan, our data show that Casco's latest annual appreciation rate is higher than 50% of the other cities and towns in Michigan.

Average Home Values


Median Home Value:


Value Range
> $1,204,000 1.6
$903,001 - $1,204,000 0.0
$602,001 - $903,000 0.0
$481,001 - $602,000 0.9
$361,001 - $481,000 10.6
$241,001 - $361,000 30.1
$121,001 - $241,000 32.4
$60,001 - $121,000 6.9
$0 - $60,000 17.4

Very High for MI
High for Nation

Value Relative to Nation Value Relative to State
36.0072659088246 19.7115384615385

Number Of Homes And Apartments:

Casco Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
-1.35% -0.08% 3 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$955 / per month

Homeownership Rate

Owners 92.16
Renters 7.84
Vacant 7.46

Housing Market Details


Age of Homes

2000 or Newer 12.5
1970 - 1999 58.5
1940 - 1969 12.8
1939 or Older 16.3

Types of Homes

Single-Family 78.1
Townhomes 0.8
Small Apt. Buildings 1.1
Apt. Complexes 0.0
Mobile Homes 20.1
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 1.24
2 Bedrooms 11.89
3 Bedrooms 62.30
4 Bedrooms 20.33
5 or more bedrooms 4.24