48818, Crystal, MI

Crystal, MI is located in the 48818 zip code. According to the 2010 census, the population of this zip code was 9,890. The median household income in this zip code was $52,521. Home equity and home prices are important factors when considering a move or purchasing a home in Crystal.

According to Zillow’s Home Value Index for ZIP Codes within Michigan (ZHVI), the median home value in Crystal was $122,500 as of September 30th, 2016. This is above the state median of $117,000 and well above the national median of $81,200. The average list price per square foot was $146 which is also above the state average of $128 and well above the national average of $123.

The percentage of homes that are owner-occupied in Crystal is 66%. This compares favorably with Michigan’s statewide homeownership rate of 63%. Additionally, according to NeighborhoodScout’s analysis of recent sales data from Trulia®, Crystal has seen an increase in home values over time – increasing by an average of 7% annually from 2007-2016*. This trend may be due to strong job growth and low levels of foreclosure activity in this area.

Overall, it appears that Crystal residents are doing well financially – both when it comes to their home equity and overall housing market conditions. As long as there continues to be strong job growth and low levels of foreclosure activity in this area – Crystal residents may continue to see healthy increases in their home values over time.*