49448, Nunica, MI

Nunica, Michigan is located in the 49448 zip code. According to the 2010 census, the population of Nunica was 1,849. The median household income in Nunica was $41,917, and the median family income was $47,500. In 2009, home equity in Nunica was $128,000. Home prices in Nunica have increased significantly over the past few years. As of May 2013, home prices in Nunica were $164,000. This represents a 116% increase from 2009 when home prices were only $64,000.

There are several factors that have contributed to this dramatic increase in home values in Nunica:

1) The availability of affordable housing: There is a high demand for housing in Nunica due to its proximity to Traverse City and Grand Rapids. Additionally, many people who live in Nunica commute to work outside of the city which has helped keep housing prices low relative to other areas within Michigan's Upper Peninsula.

2) The strong economy: The economy has been strong throughout most of the country over the past few years which has led to an increase in demand for homes and property overall. This has especially been true for areas near major metropolitan areas where people are looking for more affordable options than they can find elsewhere.

3) The increasing popularity of vacationing near Traverse City: Many people who live in Nunica are also interested in spending their vacations close to one of Michigan's most popular tourist destinations - Traverse City. This has helped drive up demand for homes near Traverse City as well as other nearby towns such as Petoskey and Harbor Springs which also have great recreational opportunities available nearby