48864
Okemos, Michigan.
Okemos, Ingham County, MI · Lansing-East Lansing, MI metro · population 23,901
to buy the typical home at today's mortgage rate — +$1,053 (+109%) since Jan 2020.
- 1 year
- Up $3,024 +1%
- $380,872$383,896 since Sep 2025
- 5 years
- Up $77,136 +25%
- $306,760$383,896 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.
- 48864$2,015
- 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 48864 rose 0.8% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Okemos, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48864
Against the Lansing-East Lansing, MI metro and the national benchmark.
- 48864$1,451
- Lansing$1,302
- United States$1,932
Typical home value — 48864
Mid-tier homes, smoothed and seasonally adjusted.
- 48864$383,896
- 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 |
|---|---|---|---|---|---|
| 4.7 | 48823 | East Lansing | 50,034 | $1,850 | $320,901 |
| 4.9 | 48840 | Haslett | 12,386 | $1,320 | $307,414 |
| 5.9 | 48910 | Lansing | 32,800 | $1,188 | $142,035 |
| 6.3 | 48912 | Lansing | 17,674 | $1,223 | $137,194 |
| 6.6 | 48895 | Williamston | 11,116 | — | $325,662 |
| 7.7 | 48933 | Lansing | 3,107 | $993 | $169,281 |
| 8.1 | 48842 | Holt | 21,945 | $1,692 | $264,554 |
| 8.6 | 48911 | Lansing | 39,876 | $1,158 | $171,433 |
| 8.6 | 48854 | Mason | 19,529 | $1,611 | $277,618 |
| 8.6 | 48915 | Lansing | 9,428 | $1,236 | $126,721 |
| 8.8 | 48808 | Bath | 6,527 | — | $327,662 |
| 10.8 | 48906 | Lansing | 25,901 | $1,293 | $166,123 |
| 11.8 | 48917 | Lansing | 32,483 | $1,374 | $259,856 |
| 11.8 | 48872 | Perry | 6,142 | — | $271,121 |
| 12.4 | 48819 | Dansville | 2,550 | — | $282,835 |
| 12.7 | 48892 | Webberville | 4,715 | — | $282,465 |
| 13.0 | 48848 | Laingsburg | 8,344 | — | $303,753 |
| 13.0 | 48821 | Dimondale | 6,327 | — | $304,530 |
| 14.5 | 48820 | Dewitt | 18,357 | $1,814 | $363,851 |
| 16.1 | 48857 | Morrice | 3,206 | — | $243,923 |
| 16.3 | 49251 | Leslie | 5,958 | — | $237,799 |
| 17.0 | 48876 | Potterville | 4,360 | — | $228,258 |
| 17.2 | 48836 | Fowlerville | 15,089 | — | $332,064 |
| 18.4 | 48837 | Grand Ledge | 19,947 | $1,356 | $299,792 |
| 18.5 | 48827 | Eaton Rapids | 15,831 | — | $252,934 |
| 19.1 | 49285 | Stockbridge | 6,240 | — | $293,678 |
| 19.4 | 49264 | Onondaga | 1,454 | — | $258,643 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.