49450, Pullman, MI

The Pullman, MI zip code 49450 has a median home value of $101,000. This is lower than the Michigan statewide median home value of $183,500. The 49450 zip code also has a lower than average percentage of homes with a mortgage at 66%. This is higher than the statewide percentage of homes with a mortgage at 63%.

There are several factors that may contribute to the lower home values in the 49450 zip code. One reason could be that this area is not as affluent as some other parts of Michigan. Another possibility is that there are fewer homes for sale in this area, which could lead to more competition for buyers and higher prices. Finally, it's possible that people in this area are not able to borrow as much money for a down payment on a home because of their low incomes.