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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −8.5% YoY. inventory, +18.1% YoY, is the number to watch.
The median listing price is down 8.5% YoY while the median home got down 10.7% bigger, so value per square foot is down 7.5%.
U.S. Census ACS characteristics for ZIP 48906 itself, not its parent county.
Renters hold 30.7% of this ZIP's 11,119 occupied households, on a median household income of $64K.
| Measure | ZIP 48906 | Ingham County | Difference |
|---|---|---|---|
| Median Household Income | $64K | $66K | -$1K |
| Below Poverty Level | 20.5% | 16.7% | +3.8% |
| Median Age | 35.80 | 33.30 | +2.50 |
| Total Population | 25,901 | 283,913 | -- |
| Avg Household Size | 2.31 | 2.27 | +0.04 |
| Owner-Occupied | 69.3% | 59.5% | +9.8% |
| Worked From Home | 15.8% | 17.3% | -1.5% |
| Mean Commute | 20.50 | 20.50 | 0.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.7% to 283,913: residents under 18 are up 0.2% and those 65 and over are up 2.7%.
County median household income is $66K, 16.7% of residents are below the poverty level, 17.3% work from home.