49316, Caledonia, MI

The zip code 49316 in Caledonia, Michigan has a median home value of $128,000 and a median home equity value of $119,000. These values are higher than the statewide median home value of $117,500 and the national median home equity value of $116,200. The 49316 zip code is also above the state median home value of $112,500 and the national median home equity value.

There are a number of factors that may contribute to these high values in the 49316 zip code. The area is affluent and has a high rate of homeownership. Additionally, there is low unemployment and strong economic growth prospects in the area. These factors may lead to increased demand for homes and increased prices.

While these high values are beneficial for some homeowners, they can be difficult to maintain if not managed correctly. If you are thinking about buying or selling a home in the 49316 zip code, it is important to consult with an experienced real estate agent who can help you navigate these complex market conditions.