48748, National City, MI

The 48748 zip code of National City, MI has a median home value of $152,500. This is lower than the statewide median home value of $224,800. The 48748 zip code also has a lower than average percentage of homeowners with a mortgage at 66%. This is higher than the statewide percentage of homeowners with a mortgage at 63%.

There are several factors that may contribute to the lower home values in the 48748 zip code. One reason may be that National City is located in an economically depressed area. Another factor could be that there are not many homes for sale in this zip code. Finally, it is possible that some homeowners have taken out low-interest loans to purchase their homes and have not been able to refinance or sell their homes for a higher price.