49321, Comstock Park, MI

The Comstock Park zip code 49321 has a population of around 25,000 and is located in Michigan’s Oakland County. The median household income in the zip code is $78,000, and the median home value is $236,500. In terms of home equity, around one-third of households in the zip code have more than 50% of their homes’ value invested in their homes. This high level of home equity is likely due to the strong economy and low interest rates in Michigan.

In terms of home prices, there has been a slight uptick over the past year or so. However, it remains much lower than average compared to other parts of the country. For example, according to Zillow’s Home Value Index (HVI), the median home value in ZIP code 94901 (which includes downtown San Francisco) is $1 million while the median home value in ZIP code 49321 is just over $236,500. This indicates that even though Comstock Park may be experiencing a slight uptick in home values, it still remains below average when compared to other areas across America.