49791, Topinabee, MI

The 49791 zip code of Topinabee, Michigan is located in the heart of the Upper Peninsula. The area has a long history of logging and mining, which has left the area with a rugged landscape. Today, the economy is based on tourism and agriculture.

Home prices in the 49791 zip code have increased significantly over the past few years. In March of 2016, median home prices were $137,500. As of September 2017, median home prices had increased to $158,000. This represents an increase of over 20%.

One reason for this increase in home values is that there are relatively few homes for sale in the 49791 zip code. In March 2016 there were only 36 homes for sale in the zip code. By September 2017 this number had increased to only 8 homes for sale. This limited supply has led to higher home values.

Another factor contributing to high home values in the 49791 zip code is its location. The area is close to many tourist destinations, such as Mackinac Island and Traverse City. This has led to an influx of people who are looking for affordable housing near these attractions.