48849
Lake Odessa, Michigan.
Lake Odessa, Ionia County, MI · Grand Rapids-Kentwood, MI metro · population 5,723
to buy the typical home at today's mortgage rate — +$809 (+138%) since Jan 2020.
- 1 year
- Up $16,866 +7%
- $248,975$265,841 since Sep 2025
- 5 years
- Up $65,901 +33%
- $199,940$265,841 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.
- 48849$1,395
- 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 48849 rose 6.8% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Ionia County, MI 77% · Barry County, MI 18% · Eaton County, MI 5%
Zillow also publishes an index for the city itself: Lake Odessa, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48849
Mid-tier homes, smoothed and seasonally adjusted.
- 48849$265,841
- 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 |
|---|---|---|---|---|---|
| 6.5 | 48897 | Woodland | 1,669 | — | $270,413 |
| 6.8 | 48815 | Clarksville | 2,364 | — | $305,778 |
| 8.4 | 48890 | Sunfield | 2,055 | — | $247,236 |
| 8.9 | 49325 | Freeport | 2,596 | — | $317,352 |
| 10.0 | 48881 | Saranac | 5,499 | — | $302,433 |
| 11.0 | 48875 | Portland | 11,400 | — | $290,979 |
| 11.9 | 48861 | Mulliken | 1,774 | — | $234,131 |
| 12.6 | 49096 | Vermontville | 3,305 | — | $233,670 |
| 13.5 | 48846 | Ionia | 21,613 | — | $228,875 |
| 13.6 | 49302 | Alto | 9,754 | — | $502,927 |
| 14.0 | 49058 | Hastings | 19,551 | — | $273,383 |
| 14.7 | 48851 | Lyons | 2,462 | — | $251,009 |
| 15.1 | 49073 | Nashville | 5,120 | — | $221,822 |
| 15.3 | 49331 | Lowell | 17,661 | — | $410,551 |
| 18.2 | 49333 | Middleville | 12,753 | — | $371,125 |
| 18.9 | 48837 | Grand Ledge | 19,947 | $1,356 | $299,792 |
| 19.0 | 48822 | Eagle | 2,379 | — | $323,797 |
| 19.3 | 48894 | Westphalia | 2,193 | — | $351,024 |
| 19.4 | 48809 | Belding | 11,038 | — | $272,056 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.