49619, Brethren, MI

The zip code of 49619 in Brethren, Michigan has a median home value of $119,000 and a median home equity value of $105,000. These values are significantly lower than the statewide median home value of $217,500 and statewide median home equity value of $142,700. This is likely due to the fact that the zip code is located in a rural area with few homes for sale and fewer families who can afford to buy one. Additionally, many homeowners in this zip code have taken out mortgages that are larger than their current homes' worth, which has decreased their equity levels.