49342, Rodney, MI

The Rodney zip code has a median home value of $128,000. This is higher than the state median home value of $117,500 and the national median home value of $177,200. The Rodney zip code also has a high percentage of homeowners (87%) and a low percentage of renters (13%). These factors contribute to the high home values in this zip code.

One reason for the high home values in Rodney is that it is an affluent area. The population in this zip code is mostly white and wealthy. There are also many luxury homes in this area, which leads to increased demand for property and higher prices. Additionally, Rodney is located near several major cities, which increases demand for housing stock and drives up prices even further.

Despite the high prices, there are still some opportunities for buyers in Rodney. The average list price per square foot is lower than most other areas in Michigan, which makes it more affordable for people who are not wealthy or looking for a luxury property. Additionally, there are many low-priced properties available that could be perfect for someone who wants to buy their first home or needs a more affordable option.