Zip lookup · MI

48854
Mason, Michigan.

Mason, Ingham County, MI · Lansing-East Lansing, MI metro · population 19,529

What it costs per month · 48854 $1,457/mo

to buy the typical home at today's mortgage rate — +$766 (+111%) since Jan 2020.

What the home itself did
1 year
Up $6,390 +2%
$271,228$277,618 since Sep 2025
5 years
Up $55,526 +25%
$222,092$277,618 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 48854 $1,457 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48854$1,457
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 48854 rose 2.4% over the past year — faster than the nation's +1.2%.

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

Asking rent $1,611 as of Aug 2026
Typical home value $277,618 as of Sep 2026
+2.4%year on year

Asking rent — 48854

Against the Lansing-East Lansing, MI metro and the national benchmark.

$1,250 $1,500 $1,750 2026 48854 $1,611 Lansing $1,299 United States $1,930
$1,250 $1,500 $1,750 2026
  • 48854$1,611
  • Lansing$1,299
  • United States$1,930

Typical home value — 48854

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 48854 $277,618 Lansing $246,267 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 48854$277,618
  • Lansing$246,267
  • 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
5.7 48842 Holt 21,945 $1,692 $264,554
8.3 49251 Leslie 5,958 — $237,799
8.6 48864 Okemos 23,901 $1,451 $383,896
8.8 48910 Lansing 32,800 $1,188 $142,035
8.8 48819 Dansville 2,550 — $282,835
8.8 48911 Lansing 39,876 $1,158 $171,433
10.8 48821 Dimondale 6,327 — $304,530
11.0 49264 Onondaga 1,454 — $258,643
11.4 48912 Lansing 17,674 $1,223 $137,194
11.4 48895 Williamston 11,116 — $325,662
11.5 48933 Lansing 3,107 $993 $169,281
11.7 48827 Eaton Rapids 15,831 — $252,934
12.4 48915 Lansing 9,428 $1,236 $126,721
12.5 48823 East Lansing 50,034 $1,850 $320,901
13.4 49277 Rives Junction 2,924 — $261,481
13.4 48840 Haslett 12,386 $1,320 $307,414
13.7 48917 Lansing 32,483 $1,374 $259,856
14.1 49272 Pleasant Lake 2,883 — $281,561
14.6 48892 Webberville 4,715 — $282,465
14.7 49285 Stockbridge 6,240 — $293,678
15.2 48876 Potterville 4,360 — $228,258
15.7 48906 Lansing 25,901 $1,293 $166,123
16.9 48808 Bath 6,527 — $327,662
17.1 49259 Munith 2,653 — $265,921
18.3 49284 Springport 2,493 — $206,650
19.2 48872 Perry 6,142 — $271,121
19.6 48837 Grand Ledge 19,947 $1,356 $299,792

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