49282Lake LeAnn, MI Housing Market

Balanced market

$160,000median sale price

The 49282 zip code, located in Lake LeAnn, MI, is currently classified as a balanced market. The median sale price stands at $160,000. Homes in this area spend an average of 132 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 49282 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

132

Average pace

Active listings

Sale-to-list

103.3%

Above asking

Market trends

Market analysis for 49282

The 49282 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 103.3% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 49282 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

71

Median income

$44,659/yr

Median age

64.2 years

Owner-occupied

83.1%

College grads

5.6%

Living in 49282

Zip code 49282 is home to approximately 71 residents. The median household income is $44,659 per year, which shapes the types of homes and amenities available in the area. With a median age of 64.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 83.1% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 5.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 49282.

Frequently asked questions about 49282

What is the median home price in 49282?

The current median sale price in 49282 is $160,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 49282 a buyer's or seller's market?

The 49282 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 49282?

Zip code 49282 has a population of approximately 71 residents. The median household income is $44,659 per year. About 83.1% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 49282?

Properties Incorporated provides comprehensive data for 49282 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 49282 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.

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