Is it affordable or expensive to live in 49240, MI?

It is affordable to live in 49240. Buying a home in 49240 is 1% less expensive compared with the national average.

Is the 49240, MI housing market slowing down?

The housing market in 49240 is slowing down. In May 2026, homes to buy in 49240 spent an median 42 days on the market, a 28% decrease from May 2025 last year.

What are the best and safest places to live in 49240, MI?

The best and safest neighborhoods to live in 49240 in May 2026 are North Burns Park, Earhart Village, Downtown South Lyon, Lower Burns Park, Chalmers, North Central, Wildwood Park, Heritage Ridge Condominiums, Downtown Ann Arbor, Glazier Way, Newport West Condominiums, Foxfire Condominiums, Geddes Lake Condominiums, Platt Road, Broadway, River House Condominiums, Georgetown, Chapel Hill Condominiums, Forest View, Colonial Square

How much money should I make to buy a house in 49240, MI?

In May 2026, 49240 homes were listed to buy for a median price of $399K, with 25% down you would need $2.51K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $86.2K.