Zip lookup · MI

49240
Grass Lake, Michigan.

Grass Lake, Jackson County, MI · Jackson, MI metro · population 8,863

What it costs per month · 49240 $1,804/mo

to buy the typical home at today's mortgage rate — +$973 (+117%) since Jan 2020.

What the home itself did
1 year
Up $12,782 +4%
$330,902$343,684 since Sep 2025
5 years
Up $69,207 +25%
$274,477$343,684 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 49240 $1,804 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 49240$1,804
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 49240 rose 3.9% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Jackson County, MI 85% · Washtenaw County, MI 15%

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

Typical home value $343,684 as of Sep 2026
+3.9%year on year

Typical home value — 49240

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 49240 $343,684 Jackson $224,560 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 49240$343,684
  • Jackson$224,560
  • 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
7.6 48118 Chelsea 13,246 — $413,795
8.1 49254 Michigan Center 3,484 — $203,105
8.1 49259 Munith 2,653 — $265,921
10.5 49201 Jackson 49,107 $1,141 $251,007
11.4 48158 Manchester 7,770 — $373,536
11.7 49272 Pleasant Lake 2,883 — $281,561
11.8 49202 Jackson 18,519 $1,058 $141,183
12.1 49203 Jackson 36,474 $1,162 $169,320
12.7 49230 Brooklyn 10,077 — $285,881
13.2 49285 Stockbridge 6,240 — $293,678
13.8 48137 Gregory 4,157 — $362,123
14.5 49234 Clarklake 2,520 — $331,142
15.1 48130 Dexter 16,986 $2,400 $508,425
16.5 49277 Rives Junction 2,924 — $261,481
17.3 48103 Ann Arbor 55,054 $2,050 $516,940
17.4 48169 Pinckney 20,519 — $406,108
17.4 49251 Leslie 5,958 — $237,799
17.5 49233 Cement City 2,938 — $282,628
18.2 49236 Clinton 5,026 — $276,997
18.4 49287 Tipton 1,958 — $310,034
18.5 49265 Onsted 5,157 — $290,961
19.3 48819 Dansville 2,550 — $282,835
19.7 49246 Horton 3,382 — $304,540
19.8 49283 Spring Arbor 5,039 — $288,144

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