Median home value in zip code 48832 (Elwell, MI) is $191,868, up 13.4% year over year. Part of the Alma, MI metropolitan area.

Home Value$191,868

YoY Change

+13.4%

Prices rising — worse for buyers.

Affordability

Enter your income for 48832 (Elwell).

Income (annual)

Down Payment

$38,374 on $191,868

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

Affordable21.6% of income

Under the 28% guideline.

PITI$1,350

P/I21.6%

Afford$249K

Room+$57K

P&I $970Tax $246Ins $133

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

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

Metro Analysis

48832 is part of the Alma, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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