48441, Harbor Beach, MI

The 48441 zip code of Harbor Beach, MI has a median home value of $151,000. This is higher than the state median home value of $146,500 and the national median home value of $177,200. The percentage of homes in this zip code that are worth more than $200,000 is above the state average and the national average. The percentage of homes in this zip code that are worth more than $250,000 is also above the state average and the national average.

There are a number of factors that may contribute to why homes in this zip code are worth more than other areas. These include location (near Lake Michigan), size (many large homes), and amenities (pools, tennis courts). Additionally, many homeowners in this area have taken advantage of low interest rates to refinance their mortgages multiple times over the past few years. As a result, they may have equity in their homes that they can use to borrow against or sell if they choose.

Despite these factors, there is still some uncertainty surrounding home values in Harbor Beach due to recent economic conditions and future prospects for housing prices. While it's likely that prices will continue to increase over time, there's no guarantee as to how high they will go or when they will reach their peak.