48745
Mikado, Michigan.
Mikado, Alcona County, MI · population 1,277
to buy the typical home at today's mortgage rate — +$485 (+127%) since Jan 2020.
- 1 year
- Up $10,308 +7%
- $154,871$165,178 since Sep 2025
- 5 years
- Up $40,822 +33%
- $124,356$165,178 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.
- 48745$867
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 48745 rose 6.7% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Alcona County, MI 97% · Iosco County, MI 3%
Zillow also publishes an index for the city itself: Mikado, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48745
Mid-tier homes, smoothed and seasonally adjusted.
- 48745$165,178
- 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 | 48738 | Greenbush | 1,129 | — | $248,620 |
| 7.8 | 48740 | Harrisville | 2,505 | — | $220,413 |
| 8.8 | 48750 | Oscoda | 9,165 | — | $156,209 |
| 10.4 | 48742 | Lincoln | 1,805 | — | $184,779 |
| 11.7 | 48737 | Glennie | 1,082 | — | $127,275 |
| 11.9 | 48705 | Barton City | 521 | — | $159,968 |
| 15.0 | 48730 | East Tawas | 4,584 | — | $201,258 |
| 16.4 | 48762 | Spruce | 930 | — | $220,386 |
| 17.3 | 48721 | Black River | 406 | — | $214,828 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.