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Sarah Mitchell
Compass Real Estate · ZIP 48601
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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48601 ZIP Code Housing Market
$76,900median sale price
What is the 48601 housing market like right now?
The median home sale price in ZIP code 48601 is $76,900, up 28.2% year-over-year. Homes sell in an average of 82 days with 76 active listings. The market is currently a buyer's market. (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 48601 ZIP code a buyer's or seller's market?
ZIP code 48601 is currently a buyer's market and homes selling in about 82 days. How we determine this →
What are the latest 48601 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $76,900 |
| Median list price | $76,500 |
| Year-over-year price change | +28.2% |
| Average days on market | 82 days |
| Active inventory | 76 listings |
| Sale-to-list price ratio | 92.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
The 48601 zip code, located in Buena Vista, MI, is currently classified as a buyer's market. The median sale price stands at $76,900, representing a +28.2% change year over year. Homes in this area spend an average of 82 days on the market before going under contract. There are currently 76 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 48601 sits in the Buena Vista, MI area, roughly 1.6 miles from downtown Buena Vista. Because home prices are set street by street, this ZIP can move differently from Buena Vista's citywide averages. The figures below reflect 48601 specifically — drawn from Redfin transactions, U.S. Census data for its 31,601 residents, and Zillow value estimates.
Homes sold
51
Last 12 weeks
Days on market
82
Average pace
Active listings
76
Sale-to-list
92.1%
Below asking
What is driving the 48601 housing market?
The 48601 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 92.1% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 48601 have increased +28.2% compared to last year, suggesting continued demand and potential for further appreciation. 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 48601 stands at $61,486, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,124 per month. This gives a price-to-rent ratio of approximately 4.6, 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 48601?
Population
31,601
Median income
$38,900/yr
Median age
38.2 years
Owner-occupied
67.2%
College grads
9.9%
Avg commute
16.57 min
What is it like living in 48601?
Zip code 48601 is home to approximately 31,601 residents. The median household income is $38,900 per year, which shapes the types of homes and amenities available in the area. With a median age of 38.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 67.2% 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 9.9% 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 16.57 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 48601.
Which public schools serve ZIP 48601?
11 schools tracked · 3,328 students
The largest public schools serving ZIP code 48601 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.
Francis Reh PSA
Grades PK-12 · 503 students
Saginaw High School
Grades 9-12 · 427 students
Martin G Atkins Elementary School
Grades 2-5 · 388 students
BridgeportSpaulding Middle SchoolSchrah
Grades 6-8 · 368 students
Jessie Loomis School
Grades PK-6 · 334 students
Saginaw Preparatory Academy
Grades PK-8 · 328 students
Arthur Eddy Academy
Grades PK-6 · 325 students
Jessie Rouse School
Grades PK-6 · 224 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 48601
What is the median home price in 48601?
The current median sale price in 48601 is $76,900, based on recent Redfin transaction data. Prices have changed +28.2% 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 48601 a buyer's or seller's market?
The 48601 zip code is currently classified as a buyer's market. 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 48601?
Zip code 48601 has a population of approximately 31,601 residents. The median household income is $38,900 per year. About 67.2% 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 48601?
Properties Incorporated provides comprehensive data for 48601 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 48601 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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