48647, Mio, MI

Home Equity and Home Prices in the 48647 Zip Code of Mio, MI

The home equity and home prices in the 48647 zip code of Mio, MI are very high. This is likely due to the excellent schools and infrastructure in this area. The median home value in this zip code is $259,900, which is significantly higher than the national median home value of $177,500. Additionally, there are a number of luxury homes available for sale in this area. As a result, the average home value per square foot is also high at $137. This indicates that homeownership rates in this zip code are high. In addition to high home values and homeownership rates, Mio residents also have access to many amenities that other areas do not have. For example, there are numerous parks and recreational facilities available nearby. Therefore, it is not surprising that property values in this zip code are high.