Zip lookup · MI

48757
Reese, Michigan.

Reese, Tuscola County, MI · Saginaw, MI metro · population 3,708

What it costs per month · 48757 $1,164/mo

to buy the typical home at today's mortgage rate — +$640 (+122%) since Jan 2020.

What the home itself did
1 year
Up $9,502 +4%
$212,238$221,740 since Sep 2025
5 years
Up $44,131 +25%
$177,609$221,740 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 48757 $1,164 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48757$1,164
  • 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 48757 rose 4.5% over the past year — faster than the nation's +1.2%.

This zip spans 3 counties: Tuscola County, MI 66% · Saginaw County, MI 26% · Bay County, MI 7%

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

Typical home value $221,740 as of Sep 2026
+4.5%year on year

Typical home value — 48757

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 48757 $221,740 Saginaw $175,095 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 48757$221,740
  • 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
5.5 48747 Munger 1,549 — $221,379
6.3 48733 Fairgrove 1,648 — $161,125
8.4 48734 Frankenmuth 7,746 — $321,686
8.4 48768 Vassar 9,109 — $197,770
10.5 48708 Bay City 25,635 $859 $137,802
10.6 48701 Akron 1,399 — $126,782
10.9 48732 Essexville 11,340 $973 $207,418
11.7 48722 Bridgeport 3,127 — $178,619
11.8 48601 Saginaw 31,601 $927 $60,273
13.0 48607 Saginaw 1,614 $1,022 $38,655
14.2 48604 Saginaw 11,011 $1,670 $142,849
14.8 48723 Caro 11,678 — $182,813
14.9 48415 Birch Run 8,918 — $238,983
15.2 48602 Saginaw 27,127 $1,073 $84,229
15.7 48746 Millington 8,222 — $232,577
16.4 48767 Unionville 2,043 — $141,577
16.6 48706 Bay City 38,974 $938 $192,332
17.4 48638 Saginaw 12,875 — $202,733
17.7 48603 Saginaw 27,757 $1,132 $231,896
18.0 48744 Mayville 4,460 — $189,358
19.3 48417 Burt 2,222 — $208,750
20.0 48420 Clio 21,195 — $220,912

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