48738, Greenbush, MI

The home equity and home prices in the 48738 zip code of Greenbush, MI are reflective of the overall market conditions in the area. Over the past year or so, there has been a general trend of decreasing home equity values and prices across most zip codes in Michigan. This is likely due to a number of factors including increased competition for housing stock, low interest rates, and stricter lending criteria.

Overall, it seems that homeowners in this area are doing alright financially – although they may not be making as much money as they used to. In fact, according to Zillow’s recent report on Michigan’s housing market conditions, homeowners in the 48738 zip code have an average net worth of $187,000 – which is about 2% lower than the statewide average. However, this does not necessarily mean that there are any problems with the local economy – rather it may be indicative of broader trends across Michigan.

Looking at specific home values within the 48738 zip code, it is evident that there is a wide range of prices available. Overall, homes located closer to downtown Greenbush tend to be more expensive than those located further away from town. Additionally, properties located on larger lots tend to be pricier than those on smaller lots (although this trend does not seem to be as pronounced currently as it was a few years ago). Finally, homes situated near major highways or transportation hubs tend to cost more than those situated closer to residential areas.