48747, Munger, MI

Munger, Michigan is a small town located in the middle of the state. The population of Munger was just over 1,000 as of the 2010 census. The median household income in Munger was just over $50,000 as of 2010.

The 48747 zip code covers a small area in western Munger and includes most of the town's commercial district. Home values in this zip code have been increasing steadily for several years now, reaching an all-time high of $239,900 in 2016. This increase has been largely due to strong demand from local residents and investors alike.

There are a number of factors that have contributed to the growth in home values in this zip code. First and foremost, Munger is located within close proximity to both Lansing and Detroit which are two major metropolitan areas with a large population and active job market. Additionally, Munger has excellent schools and infrastructure which has helped attract families and businesses to the area. Finally, recent regulatory changes that make it easier for investors to purchase homes have played a role in driving up prices here too.