49203, Jackson, MI

The zip code 49203 in Jackson, Michigan has a median home value of $128,000 and a median home equity of $113,000. These values are significantly higher than the statewide median home value of $116,500 and statewide median home equity of $102,700. The high home values in the 49203 zip code may be partially due to its proximity to Detroit and its large population of affluent residents.

Despite the high home values in the 49203 zip code, there is evidence that the market is cooling off. In 2018, the number of homes sold in this zip code was lower than it had been in previous years. Additionally, the number of homes that were purchased using a mortgage was also lower than it had been in previous years. This suggests that there may be less demand for homes in this zip code than there has been in past years.