Zip lookup · MI

49718
Carp Lake, Michigan.

Carp Lake, Emmet County, MI · population 619

What it costs per month · 49718 $1,331/mo

to buy the typical home at today's mortgage rate — +$749 (+129%) since Jan 2020.

What the home itself did
1 year
Up $18,409 +8%
$235,097$253,506 since Sep 2025
5 years
Up $39,901 +19%
$213,605$253,506 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 49718 $1,331 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 49718$1,331
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 20 years.

Typical home values in zip 49718 rose 7.8% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Emmet County, MI 81% · Cheboygan County, MI 19%

Zillow also publishes an index for the city itself: Carp Lake, MI — measured over the city limits, which is a different area from this zip.

Typical home value $253,506 as of Sep 2026
+7.8%year on year

Typical home value — 49718

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 49718 $253,506 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 49718$253,506
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
4.3 49701 Mackinaw City 882 — $326,042
5.2 49755 Levering 1,799 — $264,934
10.3 49769 Pellston 1,718 — $238,724
13.5 49757 Mackinac Island 561 — $506,407
14.4 49716 Brutus 1,006 — $449,118
16.0 49740 Harbor Springs 7,197 — $576,268
16.6 49781 Saint Ignace 4,156 — $247,541
18.9 49706 Alanson 4,920 — $303,758
19.1 49791 Topinabee 164 — $259,569
19.8 49721 Cheboygan 13,891 — $227,516

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.