49760, Moran, MI

The Moran, MI zip code 49760 has a population of approximately 9,000 people. The median household income in this zip code is $60,000, and the median home value is $165,000. The percentage of households that own their homes outright is 68%, and the percentage of households that owe more than their home's worth is 22%.

There are a number of factors that affect home prices in Moran. Chief among these are interest rates, which impact both the amount that homeowners can borrow to buy a home and the amount that they can receive for selling their home. Additionally, local market conditions (e.g., availability of housing stock and demand from buyers) can have a significant impact on prices.

Overall, Moran homeownership rates are above average for Michigan ZIP codes. This may be attributable in part to Moran's relatively low levels of debt relative to other areas in Michigan (particularly when compared to some larger cities), as well as its strong economy overall. While there may be some fluctuation in Moran's housing market over time – due to factors such as interest rates or local market conditions – it appears likely that prices will continue to rise over time relative to other ZIP codes within Michigan.