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Paradise 49768

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Michigan
$11K
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.
$239K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2017 · 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.951
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$239K
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.1.4%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.24%
Company ownedThe share of homes owned by a company or trust instead of a person.14%
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.126.9 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.179
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.75
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.7

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.22%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.374
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$59K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$71K
Average tempThe average temperature here across a full year.40°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

How Paradise 49768 compares

By median home value, Paradise 49768 is the 2nd most expensive of 15 ZIP codes in Chippewa County, and its typical home is worth more than 67% of all homes in Chippewa County.

Home values in Paradise 49768

Share of homes at each estimated value.

Median
$94K$474K
ZIP codes in Chippewa County ranked by median home value
#Chippewa CountyMedian valueHomes
1De Tour Village 49725$273K933
2Paradise 49768$239K951
3Hulbert 49748$227K222
4Dafter 49724$221K560
5Brimley 49715$208K1,718
6Drummond Island 49726$207K2,247
7Eckerman 49728$206K544
8Trout Lake 49793$205K503
9Barbeau 49710$204K576
10Sault Sainte Marie 49783$186K6,812
11Kinross 49752$162K291
12Rudyard 49780$160K1,033
13Pickford 49774$148K1,154
14Goetzville 49736$147K539
15Kincheloe 49788$103K981

About the Paradise 49768 market

What is the median home price in Paradise 49768, MI?

The median sale price in Paradise 49768, MI is $11,100 (data through October 2017), based on deeds recorded with the county.

How many homes sell in Paradise 49768, MI each year?

1 homes sold in Paradise 49768, MI over the last 12 months (data through October 2017). 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 Paradise 49768, MI?

Paradise 49768, MI contains 951 residential properties. The median TopHap Estimate is $239K.

How does Paradise 49768, MI compare to the rest of Chippewa County?

By median home value, Paradise 49768, MI is the 2nd most expensive of 15 ZIP codes in Chippewa County. Its typical home is worth more than 67% of all homes in Chippewa County. De Tour Village 49725 ranks just above it and Hulbert 49748 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Paradise 49768, MI?

24% of homes in Paradise 49768, MI are owner-occupied. 14% are held by a company rather than an individual.

How much equity do owners in Paradise 49768, MI hold?

91% of mortgaged homes in Paradise 49768, MI are equity-rich, meaning the loan balance is under half the home's value. 1.4% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Paradise 49768 on the map

See every recorded sale, price heat map, school zone and flood overlay across Paradise 49768 in TopHap’s interactive 3D map.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map