49961, Sidnaw, MI

The 49961 zip code of Sidnaw, Michigan is located in the southeastern corner of the state and includes a population of approximately 8,000. The median home value in this zip code is $119,900 and the median home equity is $86,600. The average annual percentage rate on a 30-year fixed-rate mortgage in this zip code was 4.02% as of September 2016.

Sidnaw has seen strong growth over the past several years due to its proximity to Detroit and its many job opportunities. As a result, there has been an increase in home prices and home equity values within this zip code. In fact, according to Zillow’s Home Value Index for ZIP Codes within 50 miles of Detroit (which includes Sidnaw), the median home value increased by 14% from January 2016 to September 2016. This strong growth indicates that there is potential for even more appreciation in the near future for homeowners in Sidnaw.

While there are many factors that can affect a property’s value (such as location, size, condition, etc.), it is clear that Sidnaw's proximity to major metropolitan areas like Detroit and Lansing are contributing factors towards its high home values and stable market conditions. Furthermore, recent trends have shown that interest rates are continuing to decrease which could lead to even more appreciation for homeowners in Sidnaw over time.