49418, Grandville, MI

The Grandville zip code 49418 has a population of about 22,000 and an average home value of $128,000. The median home value in this zip code is higher than the Michigan statewide median home value of $119,500. This means that there are more homes in this zip code with a higher value than those in the state as a whole.

One reason for this may be that Grandville is located in one of the most affluent counties in Michigan – Kent County. In fact, according to Forbes magazine, Kent County is one of the wealthiest counties in America. This wealth may be reflected in the high home values in Grandville.

Another factor that may contribute to the high home values in this zip code is that there are relatively few homes for sale compared to other areas of Michigan. In fact, according to Zillow’s 2018 Home Value Index report, only 1% of homes for sale are located within ZIP Code 49418 – which is far below the statewide average percentage of 2%. This means that there are more opportunities for buyers who want to purchase a home at a high price.

Overall, it appears that both factors – high home values and few available homes – contribute to the high median home value in 49418 ZIP Code.