49679, Sears, MI

The Sears, Michigan zip code 49679 has a median home value of $128,000 and a median home equity of $68,000. This means that the majority of homeowners in this zip code have more equity in their homes than they need to cover current monthly expenses. Additionally, the average home price growth in this zip code over the past five years has been 6%. This indicates that there is strong demand for housing in this area and that prices are likely to continue to rise.

While there are some homeowners who may struggle to cover their monthly expenses with their home equity alone, the majority of homeowners in this zip code are able to do so comfortably. This is likely due to the strong demand for housing in this area and the fact that prices have risen relatively steadily over the past few years. In addition, many homeowners may also be able to access additional sources of financing such as mortgages or HELOCs (home equity lines of credit).