Zip lookup · MI

49950
Mohawk, Michigan.

Mohawk, Keweenaw County, MI · Houghton, MI metro · population 1,062

What it costs per month · 49950 $1,296/mo

to buy the typical home at today's mortgage rate — +$762 (+143%) since Jan 2020.

What the home itself did
1 year
Up $33,198 +16%
$213,685$246,884 since Sep 2025
5 years
Up $80,895 +49%
$165,989$246,884 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 49950 $1,296 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 49950$1,296
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 9 years.

Typical home values in zip 49950 rose 15.5% over the past year — faster than the nation's +1.2%.

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

Typical home value $246,884 as of Sep 2026
+15.5%year on year

Typical home value — 49950

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 49950 $246,884 Houghton $198,833 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 49950$246,884
  • Houghton$198,833
  • United States$366,157

Within 20 miles

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