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Home values, rents and more in ZIP code 49616 (Benzonia, MI)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$331,000
Metro: $419,000 · U.S.: $366,000
Home values, past year
+6.4%
Metro: +3.2% · U.S.: +1.2%
Population
2,162
ACS 2020–24
Median household income
$57,982
Metro: $80,889 · U.S.: $80,734
ZIP codes around 49616, shaded by typical home value49616496144968349640496254961749635496434961349650
  • Under $290k
  • $290k–$340k
  • $340k–$410k
  • $410k–$430k
  • $430k+
  • No data
ZIP codes around 49616, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 49616 is outlined.

How 49616 compares

The typical home in ZIP code 49616 (Benzonia, MI) is worth about $331,000, according to the Zillow Home Value Index for September 2026. Home values in 49616 are 21% below the typical value in the Traverse City metro area ($419,000) and 10% below the U.S. typical value ($366,000).

Over the past year, home values in 49616 rose 6.4%, compared with +3.2% in the Traverse City metro area and +1.2% nationally.

The median household income is $57,982, against $80,889 in the Traverse City metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,162 people live in 49616 (American Community Survey 2020–24).

49616 has the 6th-lowest typical home value of the 28 ZIP codes in the Traverse City metro area and the 207th-highest of 891 in Michigan with Zillow figures.

Part of: Benzonia, MI · Benzie County, MI · Traverse City metro area · Michigan

More for 49616 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 49616 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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