48320, Keego Harbor, MI

The 48320 zip code of Keego Harbor, MI has a median home value of $166,000 and a median home equity value of $146,000. This is lower than the statewide median home value of $181,800 and the national median home equity value of $177,200. The 48320 zip code also has a lower than average homeownership rate at just 54%. This is likely due to the high cost of living in this area as well as the low number of homes for sale.

Despite these factors, there are still many homeowners in the 48320 zip code who are benefiting from their home equity. Homeowners in this area have been able to use their home equity to pay off debt or purchase additional property. Additionally, many homeowners are using their home equity to invest in stocks or other assets. Overall, despite the challenges faced by homeowners in this area, they are still able to benefit from their homes and investments.