The story of this market
The typical home in ZIP 49320 sells for about $259,900, or $165 per square foot.
Homes take about 75 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,793 a month.
ZIP 49320
The housing market in 49320 is characterized by extremely low inventory and a high vacancy rate, reflecting its nature as a seasonal or recreational lake community. Market data for median price and sales volume is limited due to the small population size. Most rental listings are high-end, furnished properties, indicating a market driven by short-term or vacation demand rather than traditional residential growth.
This ZIP is primarily suited for vacation-home buyers or those seeking seasonal lakefront living, rather than traditional commuters or families looking for primary residential infrastructure.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 75 days on market with 2.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 49320, Mecosta County MI
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The area is centered around Chippewa Lake, offering local water-based recreation and outdoor activities.
The rental market in this ZIP is heavily skewed by high-end, furnished short-term or vacation-style rentals, with limited traditional long-term inventory.
The local economy is primarily rural and recreation-focused, with limited major industrial or corporate employment centers within the ZIP.
Data retrieved from Census Reporter profile for ZCTA 49320.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
A primary recreational anchor for the area, supporting boating and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.