Zip lookup · MI

49320
Chippewa Lake, Michigan.

Chippewa Lake, Mecosta County, MI · Big Rapids, MI metro · population 157

What it costs per month · 49320 $1,031/mo

to buy the typical home at today's mortgage rate — +$559 (+119%) since Jan 2020.

What the home itself did
1 year
Up $10,043 +5%
$186,319$196,361 since Sep 2025
5 years
Up $35,517 +22%
$160,844$196,361 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 49320 $1,031 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 49320$1,031
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 17 years.

Typical home values in zip 49320 rose 5.4% over the past year — faster than the nation's +1.2%.

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

Typical home value $196,361 as of Sep 2026
+5.4%year on year

Typical home value — 49320

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 49320 $196,361 Big Rapids $229,042 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 49320$196,361
  • Big Rapids$229,042
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
4.1 49342 Rodney 1,527 — $200,153
7.1 49305 Barryton 2,378 — $143,010
8.3 49639 Hersey 2,634 — $206,195
9.3 49332 Mecosta 3,044 — $229,921
10.2 49307 Big Rapids 18,407 $1,094 $235,173
11.1 49679 Sears 1,375 — $193,518
11.5 49631 Evart 5,765 — $195,006
12.8 49340 Remus 2,437 — $208,628
13.2 49346 Stanwood 5,553 — $318,680
15.4 48632 Lake 5,268 — $180,395
15.9 49338 Paris 1,971 — $227,008
15.9 49677 Reed City 7,028 — $201,354
16.4 48893 Weidman 5,921 — $230,746
18.2 49336 Morley 4,860 — $209,712

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