Evart, MI


Highest Appreciating Evart Neighborhoods Since 2000

Evart, 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

Evart Housing Market Information

With a population of 1,861, 644 total housing units (homes and apartments), and a median house value of $84,998, house prices in Evart 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 Evart, accounting for 64.25% of the city's housing units. Other types of housing that are prevalent in Evart include large apartment complexes or high rise apartments ( 20.87%), duplexes, homes converted to apartments or other small apartment buildings ( 11.32%), and a few mobile homes or trailers ( 3.18%).

The most prevalent building size and type in Evart are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 45.50% owning and 54.50% renting.

There is a lot of housing in Evart 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 Evart built between 1940-1969 ( 33.84%). A lesser amount of the housing stock also hails from before 1939 ( 20.10%). There's also some housing in Evart built between 2000 and later ( 4.07%).

Vacant housing appears to be an issue in Evart. Fully 18.07% of the housing stock is classified as vacant. Left unchecked, vacant Evart homes and apartments can be a drag on the real estate market, holding Evart 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.

Evart Home Appreciation Rates

Evart's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Evart during the period has been just -1.36%, which is lower than 80% of US communities.

Over the last year, Evart appreciation rates have trailed the rest of the nation. In the last twelve months, Evart's appreciation rate has been -1.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Evart were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values


Median Home Value:


Value Range
> $1,040,000 0.0
$780,001 - $1,040,000 0.0
$520,001 - $780,000 0.0
$416,001 - $520,000 0.0
$312,001 - $416,000 1.6
$208,001 - $312,000 3.8
$104,001 - $208,000 27.4
$52,001 - $104,000 42.4
$0 - $52,000 24.8

Very Low for MI
Very Low for Nation

Value Relative to Nation Value Relative to State
87.3842728231571 89.1025641025641

Number Of Homes And Apartments:

Evart 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
3.00% 0.17% 4 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$709 / per month

Homeownership Rate

Owners 45.50
Renters 54.50
Vacant 18.07

Housing Market Details


Age of Homes

2000 or Newer 4.1
1970 - 1999 42.0
1940 - 1969 33.8
1939 or Older 20.1

Types of Homes

Single-Family 64.2
Townhomes 0.4
Small Apt. Buildings 11.3
Apt. Complexes 20.9
Mobile Homes 3.2
Other 0.0

Home Size

No Bedroom 0.38
1 Bedroom 18.96
2 Bedrooms 26.34
3 Bedrooms 39.31
4 Bedrooms 11.20
5 or more bedrooms 3.82

Popular Neighborhoods in Evart

Zip Codes in Evart, MI