48457, Montrose, MI

The 48457 zip code of Montrose, Michigan has a median home value of $128,000 and a median home equity value of $119,000. The average home price in this zip code has increased by 5.5% over the past year. This is significantly higher than the national average increase of 2.8%.

There are a number of factors that may contribute to the high home values in this zip code. One reason could be that Montrose is located in one of the most affluent areas in Michigan. Additionally, many homes here have been well-maintained and have plenty of amenities (such as large yards) that make them desirable to buyers.

While there is certainly evidence to support the claim that homes in this zip code are worth more than average, it's important to keep in mind that these values can change quickly and may not be indicative of long-term trends. If you're thinking about buying or selling a home in this area, it's important to consult with an experienced real estate agent who can help you understand all the available options and make sound decisions based on your specific needs and circumstances.