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Area data

Falmouth, MI — ZIP 49632

Population: 1,067 (Census ACS)

The median home value in ZIP 49632 (Falmouth, MI) is $202,304 — up 8.3% over the past year. Homes sell for a median $196,100 after a median 120 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with winterweather the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$202,304

Median home value

+8.3%

1-year change

120

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$202,304
1-year appreciation
+8.3%
3-year appreciation
+0.3%
5-year appreciation
+6.6%
10-year appreciation
+75.9%
All-time peak (2022-06)
$210,536
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$196,100
Median list price
$199,900
Median price per sqft
$178
Median days on market
120 days
Homes sold (recent period)
3
Sale-to-list ratio
95.4%
Active listings
1
1-year forecast
+1.2%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
winterWeather
Notable hazard ratings (county)
coldWave: Relatively Low · hail: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low · winterWeather: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 25% of US counties
Buildings in wildfire direct-exposure zone
72.7%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Northernaire Plating (22 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
55.0°F
Average low
33.0°F
Annual precipitation
35.1 in
Annual snowfall
74.5 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
48
Days with Good air quality
203
Days with Moderate air quality
153
Days with Unhealthy air quality
1
Highest AQI recorded (year)
201

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
3.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
721
Jobs reachable by transit (45 min)
852

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
14
Nearest airport
Houghton Lake State Airport (11 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MUNSON HEALTHCARE CADILLAC HOSPITAL
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+77 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,977
Housing built before 1970
35.8%
Housing built 2000 or later
12.2%
Median annual property tax
$1,239
Mean commute to work
25 min
Households with broadband internet
32.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
3,509
Average weekly wage
$879
Top industries (by employment)
Agriculture, Construction, Accommodation & Food
Annual residential building permits (county)
35

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 49632State medianUS median
Median home value$202,304$246,351$289,727
Median sale price$196,100$265,000$325,000
Median days on market120 days36 days51 days
Median annual property tax$1,239$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 49632?
$202,304.
What is the median sale price in ZIP 49632?
$196,100.
How long do homes take to sell in ZIP 49632?
Median days on market: 120 days.
What is typical rent in ZIP 49632?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 49632?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: winterWeather.
Is ZIP 49632 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 49632?
Risk to homes is higher than 25% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 49632?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 49632?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is ZIP 49632 walkable?
Walkability index: 3.5/20 (EPA Smart Location Database).
What is the air quality in ZIP 49632?
Good. Median AQI: 48. (EPA AQI).
What is the cost of living in ZIP 49632?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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