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ZIP 48870

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Michigan
$87K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$114K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2018 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.92
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$114K
Median sizeThe middle home size here, measured in square feet.1,296 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1973
Single familyThe share of homes here that are single-family houses.100%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.91%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.9%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.78%
Company ownedThe share of homes owned by a company or trust instead of a person.6.5%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.26.8 yrs

How ZIP 48870 compares

The shape of ZIP 48870’s housing stock, from county assessor records refreshed nightly.

Home values in ZIP 48870

Share of homes at each estimated value.

Median
$42K$240K

About the ZIP 48870 market

What is the median home price in ZIP 48870, MI?

The median sale price in ZIP 48870, MI is $87,000 (data through July 2018), based on deeds recorded with the county.

How many homes sell in ZIP 48870, MI each year?

1 homes sold in ZIP 48870, MI over the last 12 months (data through July 2018). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in ZIP 48870, MI?

ZIP 48870, MI contains 92 residential properties, with a median of 1,296 square feet, 3 bedrooms, built around 1973. The median TopHap Estimate is $114K.

Do people own or rent in ZIP 48870, MI?

78% of homes in ZIP 48870, MI are owner-occupied. 7% are held by a company rather than an individual.

How much equity do owners in ZIP 48870, MI hold?

91% of mortgaged homes in ZIP 48870, MI are equity-rich, meaning the loan balance is under half the home's value. 1.9% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse MI property records.

Explore ZIP 48870 on the map

See every recorded sale, price heat map, school zone and flood overlay across ZIP 48870in TopHap’s interactive 3D map.

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