48649
Oakley, Michigan.
Oakley, Saginaw County, MI · Saginaw, MI metro · population 1,699
to buy the typical home at today's mortgage rate — +$544 (+115%) since Jan 2020.
- 1 year
- Up $12,829 +7%
- $180,690$193,520 since Sep 2025
- 5 years
- Up $42,973 +29%
- $150,546$193,520 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.
- 48649$1,016
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 48649 rose 7.1% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Saginaw County, MI 94% · Shiawassee County, MI 6%
Zillow also publishes an index for the city itself: Oakley, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48649
Mid-tier homes, smoothed and seasonally adjusted.
- 48649$193,520
- 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 |
|---|---|---|---|---|---|
| 3.2 | 48841 | Henderson | 729 | — | $186,064 |
| 5.8 | 48616 | Chesaning | 7,577 | — | $216,790 |
| 7.8 | 48614 | Brant | 943 | — | $216,121 |
| 8.8 | 48831 | Elsie | 3,088 | — | $203,087 |
| 9.6 | 48807 | Bannister | 658 | — | $183,319 |
| 9.8 | 48655 | Saint Charles | 5,760 | — | $204,887 |
| 10.6 | 48867 | Owosso | 27,500 | — | $188,836 |
| 11.8 | 48460 | New Lothrop | 2,701 | — | $247,395 |
| 13.2 | 48817 | Corunna | 5,416 | — | $203,504 |
| 13.8 | 48866 | Ovid | 4,607 | — | $193,227 |
| 14.2 | 48806 | Ashley | 1,752 | — | $192,976 |
| 15.8 | 48417 | Burt | 2,222 | — | $208,750 |
| 16.5 | 48457 | Montrose | 8,770 | — | $209,988 |
| 17.2 | 48609 | Saginaw | 11,966 | — | $218,380 |
| 17.7 | 48449 | Lennon | 2,744 | — | $212,941 |
| 17.8 | 48476 | Vernon | 689 | — | $167,611 |
| 18.3 | 48626 | Hemlock | 5,766 | — | $252,099 |
| 18.6 | 48433 | Flushing | 26,384 | — | $242,437 |
| 18.8 | 48637 | Merrill | 3,024 | — | $204,383 |
| 19.5 | 48662 | Wheeler | 1,185 | — | $186,885 |
| 19.8 | 48847 | Ithaca | 5,663 | — | $196,048 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.