Zip lookup · MI

48738
Greenbush, Michigan.

Greenbush, Alcona County, MI · population 1,129

What it costs per month · 48738 $1,305/mo

to buy the typical home at today's mortgage rate — +$599 (+85%) since Jan 2020.

What the home itself did
1 year
Up $19,486 +9%
$229,135$248,620 since Sep 2025
5 years
Up $47,444 +24%
$201,176$248,620 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 48738 $1,305 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48738$1,305
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 48738 rose 8.5% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Alcona County, MI 96% · Iosco County, MI 4%

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

Typical home value $248,620 as of Sep 2026
+8.5%year on year

Typical home value — 48738

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 48738 $248,620 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 48738$248,620
  • 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
6.9 48745 Mikado 1,277 — $165,178
7.9 48740 Harrisville 2,505 — $220,413
9.4 48750 Oscoda 9,165 — $156,209
12.8 48742 Lincoln 1,805 — $184,779
15.4 48730 East Tawas 4,584 — $201,258
17.6 48721 Black River 406 — $214,828
18.2 48705 Barton City 521 — $159,968
18.3 48737 Glennie 1,082 — $127,275
19.2 48762 Spruce 930 — $220,386

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