49876, Quinnesec, MI

The zip code of 49876 in Quinnesec, Michigan has a median home value of $127,000 and a median home equity value of $101,000. These values are significantly lower than the statewide median home value of $217,500 and statewide median home equity value of $146,700. This indicates that the homes in this zip code are less valuable than those in other parts of Michigan.

There are several factors that could contribute to the low home values in this zip code. One possibility is that there are fewer homes available for sale in this area compared to other parts of Michigan. Another possibility is that the homes in this zip code are older and have lower quality features than newer homes. Finally, it is possible that residents here have less money available to invest in their homes than people living elsewhere in Michigan.

Despite these factors, there is still some evidence to suggest that the homes in this zip code are worth more than those across state lines. For example, according to Zillow’s Home Value Index (HVI), which measures how much each zip code’s housing prices have grown relative to the rest of the country over time, 49876 has seen faster growth than most other ZIP codes across Michigan since 2010. Additionally, while there may be fewer homes for sale here now compared to years past, it seems likely that prices will continue to rise over time as more people move into this area and demand increases for properties within its boundaries.