48632
Lake, Michigan.
Lake, Clare County, MI · Mount Pleasant, MI metro · population 5,268
to buy the typical home at today's mortgage rate — +$524 (+124%) since Jan 2020.
- 1 year
- Up $16,728 +10%
- $163,667$180,395 since Sep 2025
- 5 years
- Up $34,115 +23%
- $146,280$180,395 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.
- 48632$947
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 48632 rose 10.2% over the past year — faster than the nation's +1.2%.
This zip spans 4 counties: Clare County, MI 64% · Isabella County, MI 31% · Osceola County, MI 4% · Mecosta County, MI 0%
Zillow also publishes an index for the city itself: Lake, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48632
Mid-tier homes, smoothed and seasonally adjusted.
- 48632$180,395
- Mount Pleasant$229,326
- 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 |
|---|---|---|---|---|---|
| 6.6 | 49679 | Sears | 1,375 | — | $193,518 |
| 6.9 | 48622 | Farwell | 6,345 | — | $202,348 |
| 9.8 | 49305 | Barryton | 2,378 | — | $143,010 |
| 12.1 | 48893 | Weidman | 5,921 | — | $230,746 |
| 12.6 | 49631 | Evart | 5,765 | — | $195,006 |
| 15.1 | 48617 | Clare | 9,403 | — | $223,637 |
| 15.4 | 49320 | Chippewa Lake | 157 | — | $196,361 |
| 15.7 | 48878 | Rosebush | 1,240 | — | $228,106 |
| 16.2 | 48625 | Harrison | 12,704 | — | $129,735 |
| 16.8 | 49340 | Remus | 2,437 | — | $208,628 |
| 17.7 | 49665 | Marion | 3,983 | — | $190,476 |
| 18.7 | 49342 | Rodney | 1,527 | — | $200,153 |
| 18.9 | 49639 | Hersey | 2,634 | — | $206,195 |
| 19.6 | 49332 | Mecosta | 3,044 | — | $229,921 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.