Zip lookup · MI

48861
Mulliken, Michigan.

Mulliken, Eaton County, MI · Lansing-East Lansing, MI metro · population 1,774

What it costs per month · 48861 $1,229/mo

to buy the typical home at today's mortgage rate — +$645 (+111%) since Jan 2020.

What the home itself did
1 year
Up $12,238 +6%
$221,893$234,131 since Sep 2025
5 years
Up $48,089 +26%
$186,042$234,131 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 48861 $1,229 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48861$1,229
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 48861 rose 5.5% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Eaton County, MI 91% · Ionia County, MI 9%

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

Typical home value $234,131 as of Sep 2026
+5.5%year on year

Typical home value — 48861

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 48861 $234,131 Lansing $246,267 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 48861$234,131
  • 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
3.8 48890 Sunfield 2,055 — $247,236
7.7 48837 Grand Ledge 19,947 $1,356 $299,792
8.0 49096 Vermontville 3,305 — $233,670
8.9 48875 Portland 11,400 — $290,979
10.7 48822 Eagle 2,379 — $323,797
10.8 48876 Potterville 4,360 — $228,258
11.0 48897 Woodland 1,669 — $270,413
11.1 48813 Charlotte 20,564 $1,250 $239,975
11.9 48849 Lake Odessa 5,723 — $265,841
14.1 48917 Lansing 32,483 $1,374 $259,856
14.5 49073 Nashville 5,120 — $221,822
15.0 48821 Dimondale 6,327 — $304,530
15.0 48894 Westphalia 2,193 — $351,024
15.6 48851 Lyons 2,462 — $251,009
17.1 48906 Lansing 25,901 $1,293 $166,123
17.6 48915 Lansing 9,428 $1,236 $126,721
17.9 48911 Lansing 39,876 $1,158 $171,433
18.3 48933 Lansing 3,107 $993 $169,281
18.7 48815 Clarksville 2,364 — $305,778
18.8 48820 Dewitt 18,357 $1,814 $363,851
19.1 48846 Ionia 21,613 — $228,875
19.6 49325 Freeport 2,596 — $317,352
19.8 48873 Pewamo 1,250 — $279,603

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