Median home value in zip code 48623 (Freeland, MI) is $284,929, up 7.4% year over year. Part of the Saginaw, MI metropolitan area.

Home Value$284,929

YoY Change

+7.4%

Prices rising — worse for buyers.

Affordability

Enter your income for 48623 (Freeland).

Income (annual)

Down Payment

$56,986 on $284,929

Example: $75,000 household income. Change it above to see your own.

Stretch31% of income

Above 28% but manageable with cuts.

PITI$1,940

P/I31%

Afford$257K

Gap-$28K

P&I $1,441Tax $366Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

48623 is part of the Saginaw, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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