Zip Code:

48872, Perry, MI

48872 is a Michigan Zip code within the city of Perry and the county of Shiawassee County. Its population is roughly 6,767.

The Real Estate Market in the 48872 Zip Code of Perry, Michigan

The Perry zip code 48872 has a population of around 9,000 people and is located in the southeastern corner of Michigan. The median household income in this zip code is around $50,000, which is lower than the statewide median household income of $57,617. However, home prices in this zip code are much higher than the statewide median home price of $148,500.

The average home value in Perry zip code is around $269,000. This is much higher than the statewide median home value of $146,700. In fact, there are only a handful of zip codes across Michigan with higher average home values than Perry zip code 48872. The top three highest-valued zip codes in Michigan are: 1) Oakland County ZIP Code 48236 with an average home value of $318,900; 2) Macomb County ZIP Code 48044 with an average home value of $284,100; and 3) Wayne County ZIP Code 48184 with an average home value of $277,600.

There are several factors that contribute to the high prices in Perry zip code 48872. First and foremost is the fact that this area has a high concentration of wealthy residents who can afford to buy homes at high prices. Second is the fact that Perry is located within close proximity to several major metropolitan areas – Detroit and Ann Arbor are both only about 30 minutes away by car – which means there is a large demand for homes here. Finally, Perry has been experiencing strong growth over the past few years – both population-wise and economically – which has led to increased demand for housing stock overall.

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