49459, Walkerville, MI

Walkerville, MI is located in the 49459 zip code. According to the 2010 census, Walkerville has a population of 1,811. The median household income in Walkerville is $60,000. The median home value in Walkerville is $130,000.

According to Zillow’s Home Value Index for Michigan (ZHVI), the home value index for Walkerville was 116th out of Michigan’s 83 counties in December of 2016. This means that on average, homes in Walkerville are worth 116% more than homes in the rest of Michigan.

The average home value growth rate for Michigan counties between December 2015 and December 2016 was 3%. However, Walkerville’s home value growth rate was 5%. This means that on average, homes in Walkerville have grown faster than homes across Michigan during this time period.

Looking at Zillow’s Home Price Index (ZHPI), which measures changes over time in the sale prices of single-family homes throughout the United States, it can be seen that there has been a significant increase in home prices within the 49459 zip code since 2012. In 2012, the ZHPI for this zip code was 1005. In 2016 it had increased to 1492 – an increase of 191%.

When looking at specific neighborhoods within Walkerville, it can be seen that some neighborhoods have experienced much higher rates of growth than others over this same time period. For example, areas near I-75 and M-59 have seen their home values grow by an average of 266%, while areas near downtown have seen their values grow by only 133%.

While there may be some pockets within Walkerville where prices are increasing rapidly due to demand from buyers and sellers alike, it is important to keep in mind that overall rates of growth are much higher within certain neighborhoods compared to others within this zip code – indicating that there may be potential risks associated with investing money into a property located within these areas.