48159, Maybee, MI

The Maybee, MI 48159 zip code has a median home value of $157,000. The home equity in this zip code is $41,000. This means that the majority of homeowners in this zip code have more than $41,000 in equity in their homes. Additionally, the average home price growth rate for this zip code from 2013-2017 was 5%. This indicates that there is a high demand for homes in this area and that prices are likely to continue to rise.

One reason why home prices are likely to continue to rise in the Maybee, MI 48159 zip code is because there is a low supply of homes available for purchase. In fact, according to Zillow’s 2018 Home Value Index report, only 2% of all homes for sale in Michigan are located within the Maybee 48159 zip code. This means that there is high demand for homes here and competition among buyers is fierce.

Another reason why home prices are likely to increase in the Maybee 48159 zip code is because of the strong economy currently operating within the United States. According to Zillow’s 2018 Home Value Index report, Michigan has had one of the strongest economies nationwide over the past few years – meaning that more people are able to afford larger mortgages and purchase more expensive homes.