Zip lookup · MI

48616
Chesaning, Michigan.

Chesaning, Saginaw County, MI · Saginaw, MI metro · population 7,577

What it costs per month · 48616 $1,138/mo

to buy the typical home at today's mortgage rate — +$680 (+148%) since Jan 2020.

What the home itself did
1 year
Up $12,928 +6%
$203,862$216,790 since Sep 2025
5 years
Up $65,270 +43%
$151,520$216,790 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 48616 $1,138 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48616$1,138
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in zip 48616 rose 6.3% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Saginaw County, MI 98% · Shiawassee County, MI 2%

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

Typical home value $216,790 as of Sep 2026
+6.3%year on year

Typical home value — 48616

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 48616 $216,790 Saginaw $175,095 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 48616$216,790
  • Saginaw$175,095
  • 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
5.8 48649 Oakley 1,699 — $193,520
7.2 48655 Saint Charles 5,760 — $204,887
7.9 48460 New Lothrop 2,701 — $247,395
8.4 48841 Henderson 729 — $186,064
10.0 48417 Burt 2,222 — $208,750
10.3 48614 Brant 943 — $216,121
11.1 48457 Montrose 8,770 — $209,988
12.7 48817 Corunna 5,416 — $203,504
13.5 48609 Saginaw 11,966 — $218,380
13.5 48867 Owosso 27,500 — $188,836
14.6 48831 Elsie 3,088 — $203,087
14.8 48433 Flushing 26,384 — $242,437
15.1 48807 Bannister 658 — $183,319
16.1 48449 Lennon 2,744 — $212,941
16.1 48638 Saginaw 12,875 — $202,733
16.6 48415 Birch Run 8,918 — $238,983
16.8 48626 Hemlock 5,766 — $252,099
17.1 48602 Saginaw 27,127 $1,073 $84,229
17.3 48722 Bridgeport 3,127 — $178,619
18.1 48601 Saginaw 31,601 $927 $60,273
18.1 48476 Vernon 689 — $167,611
18.7 48607 Saginaw 1,614 $1,022 $38,655
19.0 48637 Merrill 3,024 — $204,383
19.0 48866 Ovid 4,607 — $193,227
19.1 48603 Saginaw 27,757 $1,132 $231,896
19.3 48806 Ashley 1,752 — $192,976

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