Median home value in zip code 49240 (Grass Lake, MI) is $329,567, up 4.9% year over year. Part of the Jackson, MI metropolitan area.

Home Value$329,567

YoY Change

+4.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 49240 (Grass Lake).

Income (annual)

Down Payment

$65,913 on $329,567

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

Stretch35.6% of income

Above 28% but manageable with cuts.

PITI$2,223

P/I35.6%

Afford$259K

Gap-$70K

P&I $1,666Tax $423Ins $133

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

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

Metro Analysis

49240 is part of the Jackson, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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