The story of this market
The typical home in ZIP 49010 sells for about $273,000, or $135 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,147 a month.
ZIP 49010 — Allegan
The housing market in 49010 remains stable with modest year-over-year price appreciation and balanced inventory levels. Demand is supported by local employment stability, though limited new construction keeps the market competitive for entry-level buyers.
This ZIP is well-suited for families and individuals seeking a small-town atmosphere with access to outdoor recreation, as well as commuters who prefer a quieter residential base within driving distance of larger Michigan employment centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 12.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 49010, Allegan County MI
Crime rates in the Allegan area are generally lower than the national average, with property crime being the most frequently reported incident type.
Public schools serving the 49010 area are primarily managed by Allegan Public Schools, which maintains a stable academic reputation within the region.
The area faces moderate risks related to seasonal severe weather, including winter storms and occasional high winds, with standard flood insurance requirements for properties in low-lying zones near the Kalamazoo River.
Economic momentum is driven by local manufacturing and agricultural processing, with steady infrastructure maintenance and modest residential development in the city of Allegan.
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.
Commuting from 49010 primarily involves driving via M-89 or M-40, with most residents traveling to employment hubs in Holland, Grand Rapids, or Kalamazoo.
The area features access to the Kalamazoo River for water activities, several local parks including Rossman Park, and proximity to regional golf courses and shopping in downtown Allegan.
The rental market is characterized by limited inventory and steady demand, with a mix of single-family rentals and small apartment complexes; short-term rentals are present but not dominant.
The local economy is anchored by manufacturing, healthcare, and public sector employment, with significant contributions from the agricultural sector in the surrounding county.
Transportation is heavily reliant on private vehicles, with M-89 and M-40 serving as the primary corridors for regional connectivity.
Development planning is focused on revitalizing the downtown core and expanding residential capacity through controlled infill projects.
The Allegan County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to Allegan Public Schools district taxes and various county-level special assessments for emergency services and infrastructure.
Property insurance premiums are generally stable, though homeowners should account for potential coverage adjustments related to regional wind and storm risks.
Data retrieved from US Census Bureau ZCTA 49010 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides opportunities for fishing, kayaking, and scenic views.
A local community park offering green space and recreational facilities.
Historic district featuring local boutiques, cafes, and restaurants.
Key-figure check: median price diverges 25.2% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $204,200 (-25.2% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.