Median home value in zip code 48640 (Midland, MI) is $238,079, up 7.9% year over year. Part of the Midland, MI metropolitan area.

Home Value$238,079

YoY Change

+7.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 48640 (Midland).

Income (annual)

Down Payment

$47,616 on $238,079

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

Affordable26.3% of income

Under the 28% guideline.

PITI$1,643

P/I26.3%

Afford$254K

Room+$16K

P&I $1,204Tax $306Ins $133

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

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

Metro Analysis

48640 is part of the Midland, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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