49645, Kaleva, MI

Kaleva is a small town located in the northern part of Michigan. The zip code 49645 has a population of just over 2,000 people and according to the 2010 census, the median household income is just over $50,000. This means that the home equity and home prices in this zip code are relatively high when compared to other areas of Michigan.

The average home price in Kaleva is $183,000 which is significantly higher than the statewide average of $146,500. In addition, the percentage of homes that are owner-occupied is also high at almost 80%. This means that there are a lot of people who have a lot of equity in their homes and can afford to sell them if they want to.

One reason why home prices in Kaleva are so high is because there isn't much competition for properties here. There are only about 60 houses for sale in this zip code which means that buyers have plenty of opportunity to find what they're looking for. Additionally, many people here own their homes outright which gives them more stability when it comes to selling their property.