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Sarah Mitchell
Compass Real Estate · ZIP 48504
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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48504 ZIP Code Housing Market
$50,000median sale price
What is the 48504 housing market like right now?
The median home sale price in ZIP code 48504 is $50,000, down 23.0% year-over-year. Homes sell in an average of 49 days with 79 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 48504 ZIP code a buyer's or seller's market?
ZIP code 48504 is currently a leaning buyer's and homes selling in about 49 days. How we determine this →
What are the latest 48504 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $50,000 |
| Median list price | $55,000 |
| Year-over-year price change | -23.0% |
| Average days on market | 49 days |
| Active inventory | 79 listings |
| Sale-to-list price ratio | 95.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 48504 zip code, located in Beecher, MI, is currently classified as a leaning buyer's. The median sale price stands at $50,000, representing a -23.0% change year over year. Homes in this area spend an average of 49 days on the market before going under contract. There are currently 79 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 48504 sits in the Beecher, MI area, roughly 3.2 miles from downtown Beecher. Because home prices are set street by street, this ZIP can move differently from Beecher's citywide averages. The figures below reflect 48504 specifically — drawn from Redfin transactions, U.S. Census data for its 24,218 residents, and Zillow value estimates.
Homes sold
59
Last 12 weeks
Days on market
49
Average pace
Active listings
79
Sale-to-list
95.8%
Below asking
What is driving the 48504 housing market?
The 48504 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 95.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 48504 have declined -23.0% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 48504 stands at $47,804, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,052 per month. This gives a price-to-rent ratio of approximately 3.8, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 48504?
Population
24,218
Median income
$38,719/yr
Median age
34.8 years
Owner-occupied
61.9%
College grads
12.6%
Avg commute
16.06 min
What is it like living in 48504?
Zip code 48504 is home to approximately 24,218 residents. The median household income is $38,719 per year, which shapes the types of homes and amenities available in the area. With a median age of 34.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 61.9% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 12.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 16.06 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 48504.
Which public schools serve ZIP 48504?
15 schools tracked · 4,186 students
The largest public schools serving ZIP code 48504 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Linden Charter Academy
Grades K-8 · 801 students
Academy West Alternative Education
Grades 6-12 · 441 students
Hamady Community High School
Grades 9-12 · 423 students
Durant Tuuri Mott School
Grades PK-6 · 415 students
Colonel Donald McMonagle Elementary School
Grades 2-6 · 372 students
Holmes STEM Middle School Academy
Grades 6-8 · 305 students
Brownell STEM Academy
Grades PK-5 · 288 students
Northridge Academy
Grades PK-8 · 245 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 48504
What is the median home price in 48504?
The current median sale price in 48504 is $50,000, based on recent Redfin transaction data. Prices have changed -23.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 48504 a buyer's or seller's market?
The 48504 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 48504?
Zip code 48504 has a population of approximately 24,218 residents. The median household income is $38,719 per year. About 61.9% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 48504?
Properties Incorporated provides comprehensive data for 48504 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 48504 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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