49620, Buckley, MI

Buckley, MI is located in the 49620 zip code. According to the 2010 census, Buckley has a population of 1,824. The median household income was $41,875 and the median family income was $51,875. The average home value in Buckley was $128,500 in 2010.

The average home equity in Buckley was $101,000 as of 2010. This means that homeowners had an equity of 68% of their original purchase price in their homes as of 2010. Home prices have increased significantly since then and as of 2016 the average home equity in Buckley was $135,000. This indicates that homeowners have seen an increase in their equity over time.

There are a number of factors that could contribute to this increase in home equity for homeowners in Buckley: low interest rates, increasing property values, and strong job growth over the past few years. Low interest rates have allowed homeowners to borrow more money to buy homes and invest in their properties over time which has helped to increase values overall. Additionally, increased property values can be attributed to many factors such as location (near desirable neighborhoods or schools), size (larger or newer homes), and features (elevated lot or views). While job growth may not be directly responsible for all increases in home values across Michigan over the past few years it has been a contributing factor for many areas within the state including Buckley. In addition to these general trends there are also specific reasons why home prices have increased more rapidly within Buckley than elsewhere within Michigan: proximity to Detroit Metropolitan Airport and access to major highways make this area attractive for buyers; while there is some competition from other nearby areas due to its desirable attributes there is still plenty of demand for housing stock within Buckley; and finally recent development projects such as new shopping centers and apartments have added even more demand for housing units within the community."