49825, Eben Junction, MI

The home equity and home prices in the 49825 zip code of Eben Junction, MI are very high. The median home value in this zip code is $269,000, which is more than double the national median home value of $116,500. The average home equity in this zip code is $183,000, which is also more than double the national average of $130,000. This high level of home equity indicates that many residents in this zip code are very comfortable with their current homes and are not looking to purchase or upgrade any time soon.

One reason for the high level of home equity in this zip code may be the low levels of unemployment and poverty here. Both of these factors indicate that many residents have jobs and are able to afford to buy or build homes. Additionally, Eben Junction is located in a desirable area with plenty of amenities and opportunities nearby. This may also contribute to the high level of home equity here as many residents may feel confident that they will be able to sell their homes for a significant amount should they choose to do so.