48625, Harrison, MI

The home equity and home prices in the 48625 zip code of Harrison, MI are both relatively high when compared to other zip codes in the area. This is likely due to the fact that Harrison is a relatively affluent suburb of Detroit. In addition, there is a high demand for homes in this area due to its close proximity to downtown Detroit.

As of September 2017, the median home value in the 48625 zip code was $215,000. This is significantly higher than the median home value for zip codes within Michigan as a whole ($130,000). Additionally, the average home value in Harrison has increased by over 10% since 2016. This indicates that there is strong demand for homes in this area and that buyers are able to find good deals on properties.

However, despite these positive trends, there are still some areas of concern with regards to home equity and prices in Harrison. For example, although the average home value has increased by 10%, there has been an increase of only 2% since 2016 when adjusted for inflation. This suggests that there may be some potential frosts on the horizon which could lead to a decrease in values across all sectors of housing market activity within Harrison.