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Spruce 48762

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Michigan
$244K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.1,230
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$244K
Median sizeThe middle home size here, measured in square feet.1,344 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1971
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.99%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.50%
Company ownedThe share of homes owned by a company or trust instead of a person.21%
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.126.6 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.90
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

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.44%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.1,214
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.23 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$63K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80K
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.29 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.50%

How Spruce 48762 compares

By median home value, Spruce 48762 is the 5th most expensive of 10 ZIP codes in Alcona County, and its typical home is worth more than 58% of all homes in Alcona County.

Home values in Spruce 48762

Share of homes at each estimated value.

Median
$77K$848K
ZIP codes in Alcona County ranked by median home value
#Alcona CountyMedian valueHomes
1Hubbard Lake 49747$278K1,586
2Greenbush 48738$250K1,530
3Black River 48721$246K485
4Harrisville 48740$244K1,731
5Spruce 48762$244K1,230
6Lincoln 48742$205K1,522
7Curran 48728$197K935
8Mikado 48745$174K914
9Barton City 48705$172K836
10Glennie 48737$144K1,687

About the Spruce 48762 market

How many homes are there in Spruce 48762, MI?

Spruce 48762, MI contains 1,230 residential properties, with a median of 1,344 square feet, 3 bedrooms, built around 1971. The median TopHap Estimate is $244K.

How does Spruce 48762, MI compare to the rest of Alcona County?

By median home value, Spruce 48762, MI is the 5th most expensive of 10 ZIP codes in Alcona County. Its typical home is worth more than 58% of all homes in Alcona County. Harrisville 48740 ranks just above it and Lincoln 48742 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Spruce 48762, MI?

50% of homes in Spruce 48762, MI are owner-occupied. 21% are held by a company rather than an individual.

How much equity do owners in Spruce 48762, MI hold?

99% of mortgaged homes in Spruce 48762, MI are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Spruce 48762 on the map

See every recorded sale, price heat map, school zone and flood overlay across Spruce 48762 in TopHap’s interactive 3D map.

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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