48456, Minden City, MI

The Minden City zip code 48456 has a population of just over 10,000 people and is located in the northwestern corner of the state of Michigan. The median household income in this zip code is just over $60,000, which is significantly higher than the statewide median household income of $50,502. In addition, the home equity and home prices in this zip code are both very high. As of September 2017, the average home value in this zip code was $269,000, which is more than double the statewide average home value of $130,500. Furthermore, as of March 2018 there were 2,816 homes for sale in this zip code and 1,948 homes were available for purchase. These high home values and availability rates have resulted in a very strong market for housing in this zip code.

One reason why the housing market has been so strong in Minden City is that there are a lot of people who want to live here. As mentioned earlier, the median household income in this zip code is very high compared to the statewide median household income. Additionally, Minden City has a lot of amenities that people want (and need) such as good schools and access to great healthcare facilities. This combination makes it an attractive place to live for many people.

Another reason why housing prices have been so high in Minden City is that there are not many other options available when it comes to buying or renting a house or apartment. The availability rate for homes for sale as well as homes available for purchase is both very high which means that there are plenty of houses on the market that people can choose from when looking to buy or rent a house or apartment. In addition, many people who live in Minden City also own their own homes which adds another layer of demand to the housing market here.