49420
The 49420 zip code, located in Sylvan Lake, MI, is currently classified as a balanced market..
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 49420 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.
Market analysis for 49420
The 49420 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, market dynamics influence how quickly homes sell and at what price relative to their listing.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 49420 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.
The Zillow Home Value Index (ZHVI) for 49420 stands at $201,008, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
6,145
Median income
$58,142/yr
Median age
46.4 years
Owner-occupied
8080.0%
College grads
1710.0%
Avg commute
19.3 min
Living in 49420
Zip code 49420 is home to approximately 6,145 residents. The median household income is $58,142 per year, which shapes the types of homes and amenities available in the area. With a median age of 46.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8080.0% 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 1710.0% 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 19.3 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 49420.
Frequently asked questions about 49420
What is the median home price in 49420?
Median sale price data for 49420 is currently being compiled. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 49420 a buyer's or seller's market?
The 49420 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 49420?
Zip code 49420 has a population of approximately 6,145 residents. The median household income is $58,142 per year. About 8080.0% 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 49420?
Properties Incorporated provides comprehensive data for 49420 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 49420 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.
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