The story of this market
The typical home in ZIP 48640 sells for about $254,500, or $178 per square foot.
Prices are down 8.26% from a year ago, which gives buyers more room to negotiate. Homes take about 11 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $954 a month.
ZIP 48640 — Midland
The 48640 housing market shows a median sale price of $254,500 with a year-over-year price decline of 8.26%. Market activity is characterized by a median of 11 days on market for active listings. Data reflects a mix of Realtor.com and Census Bureau reporting for the Midland, MI area.
Median prices moved down 8.3% year over year.
Homes spend a median of 11 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 12.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48640, 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.
Data retrieved from Census Reporter profile for ZCTA 48640.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.