48117, Carleton, MI

The 48117 zip code of Carleton, MI has a median home value of $119,000. The home equity in this zip code is $41,000. The average home price in the 48117 zip code has increased by 5% over the past year. This is due to an increase in demand and limited supply of homes in this area.

There are a total of 1,859 homes for sale in the 48117 zip code. There are also a total of 2,906 active listings on the market. This indicates that there is high demand for homes in this area and that sellers are able to find buyers willing to pay higher prices for properties in this area.

The majority (86%) of residents living in the 48117 zip code own their homes outright or have a mortgage that does not require a down payment. This indicates that most homeowners in this area have enough equity in their homes to cover any potential repairs or upgrades they may need to make on their property.