Home prices
The median home value in Muskegon is $73,000. This is roughly $36,040 (33%) lower compared to other places in this area.In comparison to the entire country it is approximately $144,500 (66%) lower, and is roughly $70,400 (49%) lower compared to the city of Grand Rapids.
Rents
The median monthly rent in Muskegon is $706. In comparison to its nearby areas it is roughly $116 (14%) lower.It is roughly $356 (33%) lower in comparison to the rest of the nation, and compared to the city of Grand Rapids is approximately $219 (23%) lower.
Nearby places
North Muskegon
North Muskegon is Muskegon's neighbor to the northwest. The housing prices there are substantially more expensive. North Muskegon's median home price is $157,300, which is $84,300 (53%) higher than Muskegon. Its rents are a little more expensive. The median rent in North Muskegon is $844 per month, which comes out to $138 (16%) higher than Muskegon.
Muskegon Heights
Muskegon Heights is Muskegon's neighbor to the south. Its real estate prices are substantially less expensive. The value of the median home in Muskegon Heights is $43,900, which works out to $29,100 (66%) lower than Muskegon. Its rents are similar. The median monthly rent in Muskegon Heights is $711, which is very similar to Muskegon.
Roosevelt Park
Roosevelt Park is Muskegon's neighbor to the south. The housing prices there are a lot more expensive. The median home in Roosevelt Park costs $114,500, which comes out to $41,500 (36%) higher than Muskegon. Rents there are a little more expensive. Roosevelt Park's median rent is $816 a month, which is $110 (13%) higher than Muskegon.
Norton Shores
Norton Shores is Muskegon's neighbor to the south. The real estate prices there are a lot more expensive. The median home in Norton Shores is valued at $140,400, which comes out to $67,400 (48%) higher than Muskegon. Its rents are a bit more expensive. In Norton Shores the median rent is $946 per month, which is $240 (25%) higher than Muskegon.
Wolf Lake
Wolf Lake is approximately 6 miles east from Muskegon. Real estate prices there are a little more expensive. The median home in Wolf Lake costs $89,100, which works out to $16,100 (18%) higher than Muskegon. Rent there is a bit more expensive. The median monthly rent in Wolf Lake is $795, which comes out to $89 (11%) higher than Muskegon.
