48843, Howell, MI

The zip code of 48843 in Howell, Michigan has a median home value of $118,900. This is higher than the statewide median home value of $117,500. The average home size in this zip code is 2,851 square feet. There are a total of 1,902 homes in this zip code. The majority (83%) of these homes were built between 1990 and 1999. Home values have increased by an average of 5% annually over the past five years.

There are a number of factors that contribute to the high home values in the 48843 zip code:

The population density is low compared to other areas of Michigan, which leads to more demand for housing and higher prices;

The area is affluent and has a high rate of homeownership;

There is limited available land for development which keeps prices high;

The schools in this area are excellent and attract families who want to live close to good schools;

There is a strong economy with good job opportunities.