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Concord, MI Housing

 
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As of 2010-2014, median price of a house in Concord is $105,800, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The Concord median house value has grown by 16.26% since 2000. The growth rate for the price of a house in Concord is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Concord was built is 1955, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 351 Owner Occupied Houses in Concord, MI, #239
Concord, MI
105,800 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #198
Concord, MI
16.26%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Concord, MIMichiganU.S.
Total Housing Units499, see rank, 100%4,532,719132,741,033
Occupied Housing Units435, 87.17%, see rank84.45%87.55%
Owner Occupied351, 70.34%, see rank60.41%56.34%
Renter Occupied84, 16.83%, see rank24.04%31.21%
Vacant Housing Units64, 12.83%, see rank15.55%12.45%
For Rent0, 0.00%, see rank1.84%2.34%
For Sale Only9, 1.80%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant55, 11.02%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #486
Concord, MIMichiganU.S.
195519691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Concord, MI%MichiganU.S.
Owner-Occupied Units351100%2,738,01274,787,460
With a Mortgage23466.67%, see rank63.63%65.58%
Without a Mortgage11733.33%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Concord, MI
1,163 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsConcord, MI%MichiganU.S.
$299 or Less20.85%, see rank0.19%0.20%
$300 to $49993.85%, see rank1.88%1.59%
$500 to $69983.42%, see rank6.65%5.01%
$700 to $9997029.91%, see rank19.56%14.32%
$1,000 to $1,49911147.44%, see rank34.69%27.90%
$1,500 to $1,9993113.25%, see rank20.06%20.35%
$2,000 to $2,99931.28%, see rank12.84%19.52%
$3,000 or More00.00%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Concord, MI
21.90% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Concord, MI%MichiganU.S.
10% or Less177.26%, see rank5.90%5.86%
10% to 20%7732.91%, see rank35.28%31.95%
20% to 30%6226.50%, see rank27.51%27.64%
30% to 40%4017.09%, see rank12.63%13.74%
40% or More3012.82%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Concord, MI
447 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsConcord, MI%MichiganU.S.
$199 or Less2218.80%, see rank4.74%7.76%
$200 to $299119.40%, see rank12.46%14.70%
$300 to $4994336.75%, see rank40.41%34.63%
$500 to $6992017.09%, see rank25.95%21.16%
$700 or More2117.95%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Concord, MI
10.10% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Concord, MI%MichiganU.S.
10% or Less5849.57%, see rank35.33%40.19%
10% to 20%3328.21%, see rank33.76%31.47%
20% to 30%21.71%, see rank13.39%12.24%
30% to 40%65.13%, see rank6.18%5.64%
40% or More1815.38%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Concord, MIMichiganU.S.
Total Housing Units499, 100%4,532,719132,741,033
1-unit, Detached415, 83.17%, see rank71.97%61.65%
1-unit, Attached0, 0.00%, see rank4.66%5.82%
2 Units22, 4.41%, see rank2.58%3.75%
3 or 4 Units3, 0.60%, see rank2.56%4.43%
5 to 9 Units15, 3.01%, see rank4.20%4.78%
10 or More Units0, 0.00%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.44, 8.82%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Concord, MIMichiganU.S.
Total Housing Units499, 100%4,532,719132,741,033
1 Room0, 0.00%, see rank1.24%1.95%
2 Rooms0, 0.00%, see rank1.78%2.48%
3 Rooms20, 4.01%, see rank7.14%9.13%
4 Rooms75, 15.03%, see rank14.38%16.60%
5 Rooms125, 25.05%, see rank21.00%20.41%
6 Rooms117, 23.45%, see rank20.07%18.06%
7 Rooms57, 11.42%, see rank13.45%12.27%
8 Rooms56, 11.22%, see rank9.27%8.48%
9 Rooms or More49, 9.82%, see rank11.67%10.60%
Median Rooms5.80, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Concord, MIMichiganU.S.
Total Housing Units499, 100%4,532,719132,741,033
No Bedroom0, 0.00%, see rank1.35%2.17%
1 Bedroom21, 4.21%, see rank9.11%11.16%
2 Bedrooms122, 24.45%, see rank26.33%26.69%
3 Bedrooms297, 59.52%, see rank43.93%39.70%
4 Bedrooms48, 9.62%, see rank15.80%16.05%
5 or More Bedrooms11, 2.20%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Concord, MIMichiganU.S.
Total Housing Units435, 100%3,827,880116,211,092
Utility Gas352, 80.92%, see rank77.13%48.85%
Bottled, Tank, or LP Gas9, 2.07%, see rank8.48%4.86%
Electricity52, 11.95%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.11, 2.53%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood11, 2.53%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.86%0.47%
No Fuel Used0, 0.00%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalConcord, MIMichiganU.S.
Occupied Units Paying Rent81, 100%1,028,83539,201,928
$199 or Less0, 0.00%, see rank1.86%1.50%
$200 to $2994, 4.94%, see rank3.88%3.18%
$300 to $4993, 3.70%, see rank9.32%7.37%
$500 to $69922, 27.16%, see rank23.63%16.01%
$700 to $99949, 60.49%, see rank35.23%29.17%
$1,000 to $1,4993, 3.70%, see rank20.17%26.88%
$1,500 to $1,9990, 0.00%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$719, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Concord, MIMichiganU.S.
Occupied Housing Units435, 100%3,827,880116,211,092
No Vehicles Available23, 5.29%, see rank7.97%9.12%
1 Vehicles Available137, 31.49%, see rank35.06%33.80%
2 Vehicles Available201, 46.21%, see rank38.45%37.48%
3 or More Vehicles Available74, 17.01%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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