The story of this market
The typical home in ZIP 48620 sells for about $333,725, or $168 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 48620 — Edenville
The housing market in 48620 remains tight with extremely low inventory, driving modest price appreciation. While the area is recovering from historical flood events, demand for rural, water-adjacent properties remains steady among local buyers.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with access to water-based recreation, provided they are comfortable with a longer commute to major employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 52 days on market with 0.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 48620, Midland County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Edenville area are generally low and consistent with rural Midland County trends, remaining significantly below state and national averages.
Schools serving the area are primarily part of the Meridian Public Schools district, which maintains a stable reputation for academic performance in a rural setting.
The area has significant historical exposure to flood risks due to its proximity to the Tittabawassee River and Wixom Lake, impacting local insurance premiums and building requirements.
Economic momentum is largely tied to the broader Midland industrial base, with limited new residential development activity currently observed within the ZIP code boundaries.
Property taxes are assessed at the county level by Midland County, with millage rates determined by local school districts and township authorities; no special MUD or PID districts are prevalent.
Commuting is primarily car-dependent, with residents typically driving 20-30 minutes to reach major employment hubs in Midland or Mount Pleasant.
The area is defined by outdoor access, including proximity to Wixom Lake for boating and fishing, as well as local parks and trails for hiking and seasonal recreation.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available in the immediate vicinity.
The local economy is heavily influenced by the chemical and manufacturing industries centered in nearby Midland, including major employers like Dow.
Transportation is almost exclusively via private vehicle, with no public transit infrastructure serving this rural ZIP code.
Development is currently focused on infrastructure repair and recovery efforts rather than large-scale residential or commercial expansion.
Midland County utilizes a standard ad valorem assessment system based on the state-mandated taxable value formula.
Parcels are served by the Meridian Public Schools district and local township utility services.
Property insurance premiums are elevated due to the area's classification as a high-risk flood zone following recent dam failures.
Michigan is a judicial foreclosure state with a statutory redemption period for residential properties.
Michigan law requires sellers to provide a written disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from data.census.gov ZCTA 48620 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major recreational hub for boating, fishing, and water sports.
Local community park providing green space and basic recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.