49948, Mass City, MI

The 49948 zip code of Mass City, Michigan is located in Wayne County and has a population of approximately 36,000. The median household income in the zip code is $92,000 and the median family income is $110,000. The average home value in the zip code is $194,500.

There has been a significant increase in home equity and home prices over the past several years in Mass City. In 2007, the median home value was $157,500. As of 2016, the median home value has increased to $194,500. This represents an increase of over 50%.

One reason for this increase may be that there are relatively few homes for sale in Mass City compared to other areas of Michigan. Additionally, many homes that are for sale have already been sold or are under contract. As a result, buyers who are interested in purchasing a home in Mass City typically have to compete with more affluent buyers who can afford to pay more for a property.

Despite these factors, there appears to be strong demand for homes in Mass City. This suggests that there are many people who want to live in this area and that prices will continue to rise over time.