49862
Munising, Michigan.
Munising, Alger County, MI · population 4,546
to buy the typical home at today's mortgage rate — +$531 (+93%) since Jan 2020.
- 1 year
- Up $7,736 +4%
- $202,239$209,975 since Sep 2025
- 5 years
- Up $23,960 +13%
- $186,015$209,975 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.
- 49862$1,102
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 29 years.
Typical home values in zip 49862 rose 3.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Munising, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49862
Mid-tier homes, smoothed and seasonally adjusted.
- 49862$209,975
- 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 |
|---|---|---|---|---|---|
| 9.7 | 49806 | Au Train | 605 | — | $254,495 |
| 14.8 | 49895 | Wetmore | 840 | — | $247,696 |
| 17.3 | 49884 | Shingleton | 634 | — | $184,125 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.