49022, Benton Harbor, MI

Benton Harbor, Michigan is located in the Eastern Time Zone and has a population of approximately 25,000. The 49022 zip code covers a total area of 1.5 square miles and has a median household income of $50,000. Home prices in Benton Harbor have increased by an average of 10% over the past year. There are currently 2,500 homes for sale in the 49022 zip code and the average list price is $141,500. Approximately 60% of homes in Benton Harbor were built before 1978.

The 49022 zip code has seen an increase in home equity values over the past year as home prices have increased by 10%. This increase is likely due to an influx of new residents into Benton Harbor who are able to afford higher home prices than those who have been living here for years. Additionally, there is a strong demand for housing within this zip code as it is located close to both downtown Benton Harbor and Lake Michigan. Many people who live in Benton Harbor own their homes outright or have low mortgage rates which allows them to benefit from increases in home values without having to worry about monthly payments.