Zip Code:

48856, Middleton, MI

48856 is a Michigan Zip code within the city of Middleton and the county of Gratiot County. Its population is roughly 817.

The Real Estate Market in Middleton, Michigan

Middleton, MI is located in Wayne County and has a population of approximately 21,000. The median household income in Middleton is $87,000 and the median home value is $157,500. The 48856 zip code has a population of homeowners with an average mortgage of $152,000 and an average home equity of $143,700.

The overall trend in home prices in Middleton has been positive over the past five years. In 2012 the median home value was $146,500 and by 2016 it had increased to $157,500. This positive trend can be attributed to several factors including low interest rates and increasing demand for housing due to an influx of new residents into the area.

There are a number of factors that could potentially impact the future direction of home prices in Middleton. One potential factor is whether or not there are any further increases in population or job growth within the area. Another potential factor is whether or not interest rates continue to stay low which could lead to more people refinancing their homes or purchasing new homes.

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