Zip Code:

48893, Weidman, MI

48893 is a Michigan Zip code within the city of Weidman and the county of Isabella County. Its population is roughly 5,244.

The Real Estate Market in the 48893 Zip Code of Weidman, Michigan

The Weidman zip code is located in Oakland County, Michigan and has a population of approximately 10,000. The median household income in the zip code is $101,000 and the median home value is $269,500. Over the past five years, home values have increased by an average of 9.5% while the Consumer Price Index has only increased by 2%. This indicates that there is strong demand for homes in this area and that people are able to afford to buy them.

One reason for this demand may be that Weidman has a low unemployment rate of 3%. Additionally, there are a number of businesses located in the zip code that provide jobs. For example, Ford Motor Company operates a plant in Weidman and employs over 1,600 people. Therefore, it seems likely that many people who live in Weidman are able to afford to buy homes there because they have jobs or enough money saved up.

Another reason why home values have been increasing so much in Weidman may be due to its proximity to Detroit. Detroit has been experiencing a lot of economic growth lately and this may be causing people who live near Detroit to want to move out into more suburban areas like Weidman. In addition, many people who live in Detroit are looking for places to invest their money because property values there have been going up so much recently. So it seems likely that both buyers and sellers are interested in buying or selling homes in the Weidman zip code because they believe that prices will continue to increase over time.

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Buy & Sell Shares of Homes in 48893, Weidman, MI

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