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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 5,536 people, 2,228 houses or apartments, and a median cost of homes of $281,425, North Street real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in North Street, accounting for 94.42% of the town's housing units. Other types of housing that are prevalent in North Street include mobile homes or trailers ( 3.22%), row houses and other attached homes ( 1.69%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in North Street. Owner-occupied housing accounts for 91.52% of North Street's homes, and 82.38% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in North Street 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 North Street built between 1940-1969 ( 19.98%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.29%). There's also some housing in North Street built before 1939 ( 4.14%).
Appreciation rates for homes in North Street have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 105.89%, which ranks in the top 30% nationwide. This equates to an annual average North Street house appreciation rate of 7.49%.
Over the last year, North Street appreciation rates have trailed the rest of the nation. In the last twelve months, North Street's appreciation rate has been 3.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in North Street were at 1.70%, which equates to an annual appreciation rate of 6.96%.
Relative to Michigan, our data show that North Street's latest annual appreciation rate is lower than 80% of the other cities and towns in Michigan.
$281,425
for Michigan
for nation
2,228
$1,507 / per month