49420, Hart, MI

Hart, Michigan is located in the 49420 zip code. According to the 2010 census, Hart has a population of 2,711. The median household income in Hart is $51,821 and the median family income is $57,527. In Hart, the median home value is $128,000.

The average home equity in Hart is $92,000. The average home price in Hart was up 9% from 2009 to 2010 and was up 12% from 2008 to 2009. The increase in home values can be attributed to an increase in demand for homes as well as an increase in supply due to a decrease in available housing stock due to foreclosure rates and population growth.

Home equity loans are a popular investment option for people who want to buy or sell a home quickly. Home equity loans allow you to borrow money against the value of your home so that you can purchase or sell your home more quickly than you would be able to if you were borrowing against your entire net worth. There are two types of home equity loans: fixed-rate and adjustable-rate mortgages (ARMs). A fixed-rate mortgage pays you a set rate of interest throughout the life of the loan while an ARM adjusts its interest rate according to market conditions so that it always remains below your current interest rate on other debt products.