49319, Cedar Springs, MI

The zip code 49319 in Cedar Springs, Michigan has a median home value of $122,500 and a median home equity of $101,000. This is significantly lower than the state median home value of $181,600 and the national median home equity of $142,200. There are a number of factors that could contribute to this discrepancy. For example, Cedar Springs may be an older community with fewer new homes being built or sold. Additionally, many homeowners in this zip code may have taken out large mortgages to purchase their homes and may not have enough equity in their homes to sell them for anything close to their original purchase price.