49042, Constantine, MI

The zip code 49042 in Constantine, Michigan has a median home value of $130,000 and a median home equity of $104,000. This is significantly lower than the state median home value of $183,500 and the national median home equity of $142,200.

There are a number of factors that may contribute to these low home values in the 49042 zip code. First, Constantine is located in one of Michigan’s more rural counties and there are relatively few homes for sale within the zip code. Second, many homeowners in this zip code have taken out large mortgages to purchase their homes and may not be able to sell their homes for enough money to cover their outstanding debt. Finally, Constantine has seen a significant decrease in its population over the past several years which may also be contributing to its low home values.