How much is a home worth in ZIP code 49424?

The typical home in 49424 is worth $389,939, based on the Zillow Home Value Index.

Are home values rising in 49424?

Home values in 49424 are up 4.1% over the past year, and up 6.1% a year over five years.

What is the typical rent in 49424?

A typical home in 49424 rents for about $1,870 a month, a gross rental yield of 5.8%.

What is the property tax rate in 49424?

The effective property tax rate in 49424 is 1.0% — roughly $4,065 a year on a typical home.

ZIP code 49424 has a population of 49,810 and a median household income of $85,478.

HousingHandbookReference data

…

U.S. ZIP Code · MI49424

Ottawa County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$389,939^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.1%
5-year / yr: +6.1%
10-year / yr: +7.0%

Relative price

vs U.S.: +37.3%
vs metro: +27.2%
vs state: +63.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 49424 is worth $389,939 — 27.2% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 4.1%. Homes here rent for a typical $1,870 a month — a 5.8% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,870^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $4,065^[3]

#Climate risk

FEMA National Risk Index ratings for Ottawa County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Very Low
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 49,810^[3]
Median household income: $85,478^[3]

#Migration

Household moves in and out of Ottawa County over a year, from IRS tax-return data.

Net migration: +341^[5]
Moved in: 8,145
Moved out: 7,804

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 16
Elementary: 8
Middle: 2
High: 4

West Ottawa High School Campus
High · Grades 9–12 · West Ottawa Public School District
2,185 students
Harbor Lights Middle School
Middle · Grades 6–8 · West Ottawa Public School District
856 students
Macatawa Bay Middle School
Middle · Grades 6–8 · West Ottawa Public School District
661 students
Eagle Crest Charter Academy
Elementary · Grades K–8 · Eagle Crest Charter Academy
580 students
Woodside Elementary School
Elementary · Grades PK–5 · West Ottawa Public School District
455 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$22,438

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,972

Loan principal$311,952

Down payment$77,988

Total interest paid$397,877

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.41

Monthly cost to own$2,635

Monthly rent$1,870

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 62nd percentile^[1]
Rental yield: 46th percentile^[2]
Property tax: 68th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

10th for most populous in MIView list →

Frequently asked

How much is a home worth in ZIP code 49424?: The typical home in 49424 is worth $389,939, based on the Zillow Home Value Index.
Are home values rising in 49424?: Home values in 49424 are up 4.1% over the past year, and up 6.1% a year over five years.
What is the typical rent in 49424?: A typical home in 49424 rents for about $1,870 a month, a gross rental yield of 5.8%.
What is the property tax rate in 49424?: The effective property tax rate in 49424 is 1.0% — roughly $4,065 a year on a typical home.
Who lives in 49424?: ZIP code 49424 has a population of 49,810 and a median household income of $85,478.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

49464 vs 49424 →
Zeeland, MI
Typical home
$391,716
Gross yield
6.3%
49534 vs 49424 →
Walker, MI
Typical home
$387,112
Gross yield
6.1%
49525
Northview CDP, MI
Typical home
$386,352
Gross yield
5.7%
49418
Grandville, MI
Typical home
$384,189
Gross yield
5.9%
49060
Hickory Corners CDP, MI
Typical home
$380,443
Gross yield
—
49448
Nunica CDP, MI
Typical home
$380,403
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 49424 against any other ZIP — full side-by-side table.

Compare 49424 →

#Jump to section

U.S. ZIP Code · MI49424

Get more data on ZIPs like this

Get more data on ZIPs like this