48837, Grand Ledge, MI

The Grand Ledge zip code of 48837 has a median home value of $130,000. The home equity in this zip code is $81,000. This means that the homeowners in this zip code have a net worth of $41,000 more than the amount of their mortgage. The average credit score for homeowners in this zip code is 753. This indicates that most homeowners in this zip code are able to borrow money easily and have good credit ratings.

There are a number of reasons why home values and home equity are high in the Grand Ledge zip code. First, Grand Ledge is a relatively affluent area with a high concentration of college-educated adults. Second, there is strong demand for housing due to the growing population and employment opportunities in the area. Third, homes in this zip code are generally well maintained and have low crime rates. Fourth, homes here typically sell quickly due to strong demand from buyers and limited supply of available homes. Fifth, Grand Ledge has excellent schools and amenities that make it an attractive place to live.