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Area data

Eaton rapids, MI — ZIP 48827

Population: 15,831 (Census ACS)

The median home value in ZIP 48827 (Eaton rapids, MI) is $259,734 — up 4.0% over the past year. Homes sell for a median $265,000 after a median 37 days on market. 8 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, coldwave, hail the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$259,734

Median home value

+4.0%

1-year change

37

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$259,734
1-year appreciation
+4.0%
3-year appreciation
+13.4%
5-year appreciation
+23.1%
10-year appreciation
+80.0%
All-time peak (2026-07)
$259,734
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$265,000
Median list price
$285,000
Median price per sqft
$154
1-year sale-price change
+3.4%
Median days on market
37 days
Homes sold (recent period)
35
For-sale inventory
40
Sale-to-list ratio
98.1%
Active listings
31
1-year forecast
+1.6%
New listings (monthly)
24

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
8
Elementary schools
4
Middle schools
1
High schools
1
Charter schools
2
School districts serving the area
Island City Academy, LifeTech Academy, Eaton Rapids Public Schools
Schools include
Island City Academy, LifeTech Academy, Greyhound Intermediate School, Greyhound Central Performance Academy, Eaton Rapids High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, coldWave, hail, iceStorm, tornado
Notable hazard ratings (county)
coldWave: Relatively Moderate · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Low · lightning: Relatively Low
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 6% of US counties
Buildings in wildfire direct-exposure zone
49.6%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Adam's Plating (16.3 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
58.0°F
Average low
39.0°F
Annual precipitation
38.4 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
5.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
12,587
Jobs reachable by transit (45 min)
11,879

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
29
Nearest airport
Rapids Airway Airport (2 mi)
Nearest major airport
Capital Region International Airport (LAN) (19 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
EATON RAPIDS MEDICAL CENTER
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-111 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,974
Housing built before 1970
45.1%
Housing built 2000 or later
16.1%
Median annual property tax
$2,529
Mean commute to work
23 min
Households with broadband internet
60.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
37,249
Average weekly wage
$1,120
Top industries (by employment)
Finance & Insurance, Accommodation & Food, Health Care
Annual residential building permits (county)
102

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 48827State medianUS median
Median home value$259,734$246,351$289,727
Median sale price$265,000$265,000$325,000
Median days on market37 days36 days51 days
Median annual property tax$2,529$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 48827?
$259,734.
What is the median sale price in ZIP 48827?
$265,000.
How long do homes take to sell in ZIP 48827?
Median days on market: 37 days.
What is typical rent in ZIP 48827?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 48827?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, hail, iceStorm, tornado.
Is ZIP 48827 in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in ZIP 48827?
Risk to homes is higher than 6% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 48827?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48827?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 48827?
8 schools (4 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is ZIP 48827 walkable?
Walkability index: 5.5/20 (EPA Smart Location Database).
What is the cost of living in ZIP 48827?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

Selling a home in Eaton rapids, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents