48849, Lake Odessa, MI

The home equity and home prices in the 48849 zip code of Lake Odessa, MI are reflective of the overall market conditions in this area. The average home value in this zip code is $129,000, which is lower than the statewide average of $157,500. The percentage of homes that are owner-occupied is also lower than the statewide average of 63%. This indicates that there may be less demand for homes in this area.

Despite these factors, there has been an increase in home values over the past few years. In fact, since 2013 median home values have increased by 10%. This suggests that there may be potential for homeowners to make a profit if they are able to sell their home soon. However, given the low demand for homes and the current market conditions it is likely that most homeowners will not be able to sell their home at a profit anytime soon.