48434, Forestville, MI

Forestville, MI is located in the 48434 zip code. According to the 2010 census, Forestville has a population of 1,811. The median household income was $42,500 and the median family income was $50,000. Forestville is a small town with a population of just over 1,800 people.

Forestville's home equity and home prices are very high when compared to other zip codes in Michigan. The average home value in the 48434 zip code is $191,200 which is more than double the statewide average of $87,600. Forestville's home equity also ranks among the highest in Michigan with an average of $128,100.

There are several factors that may contribute to Forestville's high home values and home equity. First and foremost is Forestville's small size which may make it more desirable for buyers looking for a rural setting with plenty of space. Secondly, Forestville has a low unemployment rate which may lead to increased demand for homes overall. Finally, Forestville has a low foreclosure rate which may also contribute to its high home values and home equity.