Haslett MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Haslett, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Haslett Housing Market Information

With a population of 20,210, 1,667 total housing units (homes and apartments), and a median house value of $212,617, Haslett real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Haslett, accounting for 55.39% of the town's housing units. Other types of housing that are prevalent in Haslett include large apartment complexes or high rise apartments ( 27.72%), row houses and other attached homes ( 13.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.27%).

The most prevalent building size and type in Haslett are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.16% owning and 40.84% renting.

There is a lot of housing in Haslett 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 Haslett built between 1940-1969 ( 25.13%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.93%). There's also some housing in Haslett built before 1939 ( 5.21%).

Haslett Home Appreciation Rates

Appreciation rates for homes in Haslett have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 32.26%, which ranks in the top 40% nationwide. This equates to an annual average Haslett house appreciation rate of 2.84%.

NeighborhoodScout's data show that during the latest twelve months, Haslett's appreciation rate, at 5.67%, has been at or slightly above the national average. In the latest quarter, Haslett's appreciation rate has been 1.95%, which annualizes to a rate of 8.05%.

Importantly, this makes Haslett 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 Haslett's latest annual appreciation rate is higher than 50% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$212,617

Haslett, MI HOME PRICES

Value Range
> $1,208,000 0.7
$906,001 - $1,208,000 1.2
$604,001 - $906,000 4.1
$483,001 - $604,000 4.8
$362,001 - $483,000 7.9
$242,001 - $362,000 23.3
$121,001 - $242,000 41.2
$60,001 - $121,000 13.3
$0 - $60,000 3.5

High for MI
High for Nation

Value Relative to Nation Value Relative to State
36.9751824817518 20.8333333333333

Number Of Homes And Apartments:
1,667

Haslett Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
29.42% 1.28%
5
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,065 / per month

Homeownership Rate

Homeownership
Owners 59.16
Renters 40.84
Vacant 5.30

Housing Market Details

 

Age of Homes

AGE OF Haslett HOMES
2000 or Newer 8.9
1970 - 1999 60.7
1940 - 1969 25.1
1939 or Older 5.2

Types of Homes

TYPE OF Haslett HOMES
Single-Family 55.4
Townhomes 13.6
Small Apt. Buildings 3.3
Apt. Complexes 27.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Haslett HOMES
No Bedroom 0.17
1 Bedroom 19.01
2 Bedrooms 29.02
3 Bedrooms 33.92
4 Bedrooms 14.46
5 or more bedrooms 3.41