Standish, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Standish Neighborhoods Since 2000




Standish, 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

Standish Housing Market Information

With 1,452 people, 651 houses or apartments, and a median cost of homes of $99,391, house prices in Standish are solidly below the national average.

Single-family detached homes are the single most common housing type in Standish, accounting for 62.45% of the city's housing units. Other types of housing that are prevalent in Standish include large apartment complexes or high rise apartments ( 24.48%), duplexes, homes converted to apartments or other small apartment buildings ( 9.35%), and a few mobile homes or trailers ( 2.61%).

The most prevalent building size and type in Standish are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.25% owning and 49.75% renting.

There is a lot of housing in Standish 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 Standish built between 1940-1969 ( 35.63%). A lesser amount of the housing stock also hails from before 1939 ( 18.98%). There's also some housing in Standish built between 2000 and later ( 7.15%).

Vacant housing appears to be an issue in Standish. Fully 10.45% of the housing stock is classified as vacant. Left unchecked, vacant Standish homes and apartments can be a drag on the real estate market, holding Standish 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.

Standish Home Appreciation Rates

Standish's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Standish during the period has been just -1.51%, which is lower than 80% of US communities.

Appreciation rates are so strong in Standish that despite a nationwide downturn in the housing market, Standish real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Standish appreciation rates continue to be some of the highest in America, at 22.91%, which is higher than appreciation rates in 99.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Standish. Standish appreciation rates in the latest quarter were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$99,391

Standish, MI HOME PRICES

Value Range
> $1,160,000 1.3
$869,001 - $1,160,000 0.0
$580,001 - $869,000 0.3
$464,001 - $580,000 0.5
$348,001 - $464,000 0.6
$232,001 - $348,000 6.7
$116,001 - $232,000 26.9
$58,001 - $116,000 44.5
$0 - $58,000 19.2

Low for MI
Low for Nation

Value Relative to Nation Value Relative to State
77.9268721434431 75.6410256410256

Number Of Homes And Apartments:
651

Standish 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
-7.71% -0.46% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$676 / per month

Homeownership Rate

Homeownership
Owners 50.25
Renters 49.75
Vacant 10.45

Housing Market Details

 

Age of Homes

AGE OF Standish HOMES
2000 or Newer 7.2
1970 - 1999 38.2
1940 - 1969 35.6
1939 or Older 19.0

Types of Homes

TYPE OF Standish HOMES
Single-Family 62.4
Townhomes 1.1
Small Apt. Buildings 9.4
Apt. Complexes 24.5
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Standish HOMES
No Bedroom 1.24
1 Bedroom 18.84
2 Bedrooms 28.47
3 Bedrooms 37.69
4 Bedrooms 12.10
5 or more bedrooms 1.65

Popular Neighborhoods in Standish

Popular Communities Near Standish, MI

Zip Codes in Standish, MI