48806
Ashley, Michigan.
Ashley, Gratiot County, MI · Alma, MI metro · population 1,752
to buy the typical home at today's mortgage rate — +$548 (+118%) since Jan 2020.
- 1 year
- Up $19,189 +11%
- $173,787$192,976 since Sep 2025
- 5 years
- Up $22,747 +13%
- $170,229$192,976 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.
- 48806$1,013
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 28 years.
Typical home values in zip 48806 rose 11.0% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Ashley, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48806
Mid-tier homes, smoothed and seasonally adjusted.
- 48806$192,976
- Alma$180,220
- 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 |
|---|---|---|---|---|---|
| 5.1 | 48807 | Bannister | 658 | — | $183,319 |
| 7.2 | 48847 | Ithaca | 5,663 | — | $196,048 |
| 8.4 | 48831 | Elsie | 3,088 | — | $203,087 |
| 9.4 | 48871 | Perrinton | 2,103 | — | $284,210 |
| 10.8 | 48614 | Brant | 943 | — | $216,121 |
| 11.3 | 48853 | Maple Rapids | 721 | — | $163,526 |
| 12.2 | 48856 | Middleton | 966 | — | $157,476 |
| 13.1 | 48879 | Saint Johns | 18,413 | — | $294,578 |
| 13.9 | 48841 | Henderson | 729 | — | $186,064 |
| 14.2 | 48649 | Oakley | 1,699 | — | $193,520 |
| 14.7 | 48866 | Ovid | 4,607 | — | $193,227 |
| 15.6 | 48662 | Wheeler | 1,185 | — | $186,885 |
| 16.1 | 48801 | Alma | 13,278 | — | $164,806 |
| 16.6 | 48835 | Fowler | 2,635 | — | $302,830 |
| 16.7 | 48615 | Breckenridge | 3,061 | — | $178,892 |
| 16.8 | 48889 | Sumner | 1,528 | — | $207,932 |
| 17.8 | 48637 | Merrill | 3,024 | — | $204,383 |
| 18.1 | 48811 | Carson City | 7,440 | — | $208,954 |
| 18.6 | 48655 | Saint Charles | 5,760 | — | $204,887 |
| 18.8 | 48845 | Hubbardston | 1,218 | — | $203,251 |
| 19.2 | 48880 | Saint Louis | 9,994 | — | $167,609 |
| 19.3 | 48616 | Chesaning | 7,577 | — | $216,790 |
| 20.0 | 48867 | Owosso | 27,500 | — | $188,836 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.