48838, Greenville, MI

The home equity and home prices in the 48838 zip code of Greenville, MI are quite high. In fact, according to Zillow, the median home value in this zip code is $269,000. This is a significant increase from the median home value of $158,000 that was recorded back in 2007. The reason for this increase is likely due to the strong economy that has been present throughout most of Michigan over the past few years. Additionally, there are a number of factors that may have contributed to this trend including low interest rates and increased demand for housing.

Despite these positive trends, there are also some risks associated with buying or owning a home in this zip code. For example, if you are not able to qualify for a mortgage or if interest rates rise significantly, your investment could quickly become worthless. Additionally, although Greenville has seen an influx of new residents over the past few years, it still has a relatively small population compared to other larger cities such as Detroit or Lansing. As such, there may be limited opportunities available for people who want to buy or sell homes here.