48874, Pompeii, MI

The home equity and home prices in the 48874 zip code of Pompeii, MI have seen a steady increase over the past few years. In 2016, the median home value was $128,000, which has increased by almost $10,000 since 2015. The average home value in this zip code has also increased by almost $20,000 since 2013. This increase is likely due to a number of factors including an improving economy and low interest rates.

Despite these positive trends, there are still some areas of concern for homeowners in this zip code. The average mortgage rate in this area is currently at 3.92%, which is above the national average but still relatively low when compared to other areas of Michigan. Additionally, there is a lack of available housing stock in this area which may be contributing to higher prices. However, with continued growth and improvements in the economy, it is likely that home values will continue to rise in this zip code over the next few years.