48617, Clare, MI

The Clare zip code 48617 has a population of approximately 9,000 people. The median household income in the zip code is $50,000, and the median home value is $135,000. The home equity and home prices in Clare are relatively high when compared to other zip codes in Michigan.

The Clare home equity and home prices are likely due to several factors. First, Clare is located in a desirable area of Michigan with plenty of amenities and opportunities for growth. Second, the local economy has been strong over the past few years, which has led to increased demand for homes and property values. Finally, Clare residents have been able to access ample amounts of credit over the past few years which has helped fuel the housing market boom in Clare.

Overall, it appears that the Clare home equity and home prices are stable or increasing at a moderate rate relative to other areas of Michigan. While there may be some challenges ahead as interest rates begin to rise again, overall it looks like Clare homeowners will continue to see healthy gains on their homes over time.