49331, Lowell, MI

The zip code 49331 in Lowell, Michigan has a population of around 36,000 people. The median household income is around $60,000 and the median home value is around $130,000.

There has been a lot of speculation about whether or not the housing market in Lowell will crash. However, based on the data from Zillow, it seems that the market in this zip code is stable and there hasn't been any significant change in home values or home equity over the past year.

One reason that home values may be stable is that there are a limited number of homes for sale in this zip code. Additionally, many homeowners have taken advantage of low interest rates to refinance their mortgages and increase their home equity. This means that they are more likely to be able to sell their homes if they want to move or if prices decline.

Another reason why home values may be stable is that there isn't a lot of new development happening in this area. This means that there aren't a lot of new homes being built and therefore there isn't an influx of new residents who might drive up prices. In addition, many homeowners are still underwater on their mortgages which limits their ability to sell their homes at a high price if they want to move or if prices decline.