49896Powers, MI Housing Market

Balanced market-55.9% YoY

$75,000median sale price

The 49896 zip code, located in Powers, MI, is currently classified as a balanced market. The median sale price stands at $75,000, representing a -55.9% change year over year.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 49896 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

2

Last 12 weeks

Days on market

Average pace

Active listings

Sale-to-list

100.0%

Above asking

Market trends

Market analysis for 49896

The 49896 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 100.0% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 49896 have declined -55.9% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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

1,702

Median income

$61,406/yr

Median age

41.1 years

Owner-occupied

78.4%

College grads

19.4%

Avg commute

23.1 min

Living in 49896

Zip code 49896 is home to approximately 1,702 residents. The median household income is $61,406 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 78.4% 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 19.4% 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. The average commute time is 23.1 minutes, which is close to the national average. 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 49896.

Frequently asked questions about 49896

What is the median home price in 49896?

The current median sale price in 49896 is $75,000, based on recent Redfin transaction data. Prices have changed -55.9% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 49896 a buyer's or seller's market?

The 49896 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 49896?

Zip code 49896 has a population of approximately 1,702 residents. The median household income is $61,406 per year. About 78.4% 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 49896?

Properties Incorporated provides comprehensive data for 49896 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 49896 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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