48872
Perry, Michigan.
Perry, Shiawassee County, MI · Lansing-East Lansing, MI metro · population 6,142
to buy the typical home at today's mortgage rate — +$771 (+118%) since Jan 2020.
- 1 year
- Up $7,433 +3%
- $263,688$271,121 since Sep 2025
- 5 years
- Up $49,350 +22%
- $221,770$271,121 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.
- 48872$1,423
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 48872 rose 2.8% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Shiawassee County, MI 80% · Ingham County, MI 16% · Livingston County, MI 4%
Zillow also publishes an index for the city itself: Perry, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48872
Mid-tier homes, smoothed and seasonally adjusted.
- 48872$271,121
- 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 |
|---|---|---|---|---|---|
| 4.3 | 48857 | Morrice | 3,206 | — | $243,923 |
| 8.0 | 48840 | Haslett | 12,386 | $1,320 | $307,414 |
| 8.2 | 48414 | Bancroft | 2,488 | — | $215,591 |
| 8.3 | 48895 | Williamston | 11,116 | — | $325,662 |
| 9.1 | 48848 | Laingsburg | 8,344 | — | $303,753 |
| 11.6 | 48892 | Webberville | 4,715 | — | $282,465 |
| 11.7 | 48836 | Fowlerville | 15,089 | — | $332,064 |
| 11.8 | 48864 | Okemos | 23,901 | $1,451 | $383,896 |
| 11.9 | 48808 | Bath | 6,527 | — | $327,662 |
| 12.2 | 48823 | East Lansing | 50,034 | $1,850 | $320,901 |
| 12.6 | 48418 | Byron | 4,484 | — | $297,409 |
| 13.1 | 48429 | Durand | 8,241 | — | $196,608 |
| 13.3 | 48476 | Vernon | 689 | — | $167,611 |
| 14.2 | 48867 | Owosso | 27,500 | — | $188,836 |
| 15.4 | 48866 | Ovid | 4,607 | — | $193,227 |
| 16.0 | 48912 | Lansing | 17,674 | $1,223 | $137,194 |
| 17.1 | 48910 | Lansing | 32,800 | $1,188 | $142,035 |
| 17.4 | 48855 | Howell | 16,668 | — | $380,685 |
| 17.6 | 48817 | Corunna | 5,416 | — | $203,504 |
| 17.8 | 48933 | Lansing | 3,107 | $993 | $169,281 |
| 17.8 | 48819 | Dansville | 2,550 | — | $282,835 |
| 18.0 | 48436 | Gaines | 4,131 | — | $296,043 |
| 18.4 | 48915 | Lansing | 9,428 | $1,236 | $126,721 |
| 18.8 | 48906 | Lansing | 25,901 | $1,293 | $166,123 |
| 19.2 | 48854 | Mason | 19,529 | $1,611 | $277,618 |
| 19.3 | 48449 | Lennon | 2,744 | — | $212,941 |
| 19.5 | 48820 | Dewitt | 18,357 | $1,814 | $363,851 |
| 19.9 | 48842 | Holt | 21,945 | $1,692 | $264,554 |
| 20.0 | 48911 | Lansing | 39,876 | $1,158 | $171,433 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.