48631
Monitor, Michigan.
Monitor, Bay County, MI · Bay City, MI metro · population 3,681
to buy the typical home at today's mortgage rate — +$708 (+141%) since Jan 2020.
- 1 year
- Up $15,451 +7%
- $215,078$230,529 since Sep 2025
- 5 years
- Up $66,037 +40%
- $164,492$230,529 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.
- 48631$1,210
- 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 48631 rose 7.2% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Monitor, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48631
Mid-tier homes, smoothed and seasonally adjusted.
- 48631$230,529
- Bay City$186,132
- 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 |
|---|---|---|---|---|---|
| 5.5 | 48634 | Linwood | 4,334 | — | $209,765 |
| 5.9 | 48611 | Auburn | 6,093 | — | $236,559 |
| 6.3 | 48706 | Bay City | 38,974 | $938 | $192,332 |
| 11.4 | 48642 | Midland | 34,039 | $1,578 | $255,858 |
| 11.6 | 48650 | Pinconning | 6,510 | — | $187,820 |
| 11.7 | 48708 | Bay City | 25,635 | $859 | $137,802 |
| 12.2 | 48732 | Essexville | 11,340 | $973 | $207,418 |
| 13.1 | 48604 | Saginaw | 11,011 | $1,670 | $142,849 |
| 13.2 | 48623 | Freeland | 15,129 | — | $301,166 |
| 15.3 | 48652 | Rhodes | 1,832 | — | $215,967 |
| 15.4 | 48603 | Saginaw | 27,757 | $1,132 | $231,896 |
| 16.5 | 48747 | Munger | 1,549 | — | $221,379 |
| 17.6 | 48628 | Hope | 2,076 | — | $223,970 |
| 17.8 | 48607 | Saginaw | 1,614 | $1,022 | $38,655 |
| 18.1 | 48640 | Midland | 32,492 | $1,355 | $247,709 |
| 18.4 | 48602 | Saginaw | 27,127 | $1,073 | $84,229 |
| 18.5 | 48638 | Saginaw | 12,875 | — | $202,733 |
| 19.5 | 48613 | Bentley | 1,081 | — | $200,826 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.