48881
Saranac, Michigan.
Saranac, Ionia County, MI · Grand Rapids-Kentwood, MI metro · population 5,499
to buy the typical home at today's mortgage rate — +$927 (+140%) since Jan 2020.
- 1 year
- Up $18,693 +7%
- $283,740$302,433 since Sep 2025
- 5 years
- Up $73,095 +32%
- $229,338$302,433 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.
- 48881$1,587
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 48881 rose 6.6% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Saranac, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48881
Mid-tier homes, smoothed and seasonally adjusted.
- 48881$302,433
- Grand Rapids$355,636
- 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 | 48815 | Clarksville | 2,364 | — | $305,778 |
| 7.6 | 49331 | Lowell | 17,661 | — | $410,551 |
| 8.2 | 48846 | Ionia | 21,613 | — | $228,875 |
| 9.4 | 48809 | Belding | 11,038 | — | $272,056 |
| 10.0 | 48849 | Lake Odessa | 5,723 | — | $265,841 |
| 11.7 | 48865 | Orleans | 1,884 | — | $256,037 |
| 12.6 | 49302 | Alto | 9,754 | — | $502,927 |
| 12.9 | 49325 | Freeport | 2,596 | — | $317,352 |
| 13.5 | 48851 | Lyons | 2,462 | — | $251,009 |
| 14.2 | 49301 | Ada | 19,846 | $2,472 | $665,233 |
| 14.7 | 48875 | Portland | 11,400 | — | $290,979 |
| 16.1 | 48834 | Fenwick | 2,139 | — | $241,978 |
| 16.2 | 48897 | Woodland | 1,669 | — | $270,413 |
| 16.3 | 48890 | Sunfield | 2,055 | — | $247,236 |
| 16.9 | 48860 | Muir | 1,339 | — | $242,179 |
| 16.9 | 49546 | Grand Rapids | 34,721 | $1,759 | $509,967 |
| 17.4 | 48838 | Greenville | 18,212 | $1,638 | $276,896 |
| 17.8 | 49512 | Grand Rapids | 18,373 | $1,603 | $364,606 |
| 19.2 | 48873 | Pewamo | 1,250 | — | $279,603 |
| 19.7 | 49341 | Rockford | 39,409 | $1,890 | $458,773 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.