49119, New Troy, MI

The 49119 zip code of New Troy, MI is located in the southeastern portion of Oakland County and has a population of approximately 10,000. The median household income in this zip code is $81,500 and the median home value is $225,000. Home equity in this zip code has increased by over 20% since 2007 and home prices have increased by over 30%.

There are several factors contributing to the increase in home equity and home prices in the 49119 zip code of New Troy. First, there is an abundance of available housing stock in this area which has helped to drive up prices. Second, there are a number of affluent families living in this zip code which has also contributed to the increase in home values. Finally, there is a strong economy present in this area which has helped to support increases in both home equity and home prices.