49902, Alpha, MI

The 49902 zip code of Alpha, MI has a median home value of $128,000. The majority of homes in this zip code are owned by individuals and families. Home values have increased by an average of 5.4% each year since 2006. In addition, the average loan amount for a home purchase in this zip code is $137,000. This indicates that most buyers in this area are able to afford a home purchase with a modest down payment.

There are many factors that contribute to the high home values in the 49902 zip code of Alpha, MI. One reason is that the area is located in one of Michigan's most desirable counties. Another reason is that there is a high demand for housing due to the strong economy and low unemployment rates. Additionally, many homes in this zip code were built between 1990 and 2000 which are considered to be some of the most durable and affordable homes available.