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Area data

Grand ledge, MI — ZIP 48837

Population: 19,947 (Census ACS)

The median home value in ZIP 48837 (Grand ledge, MI) is $306,711 — up 2.6% over the past year. Homes sell for a median $174,500 after a median 32 days on market. Typical rent runs $1,663/month. 7 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

$306,711

Median home value

+2.6%

1-year change

32

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$306,711
1-year appreciation
+2.6%
3-year appreciation
+11.0%
5-year appreciation
+22.5%
10-year appreciation
+78.0%
All-time peak (2026-02)
$306,951
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
$174,500
Median list price
$182,400
Median price per sqft
$157
1-year sale-price change
-5.7%
Median days on market
32 days
Homes sold (recent period)
5
For-sale inventory
54
Sale-to-list ratio
98.0%
Active listings
4
1-year forecast
+1.6%
Days to pending
21 days
New listings (monthly)
26

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

Rents

Typical rent
$1,663/mo
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
7
Elementary schools
3
Middle schools
2
High schools
2
Charter schools
1
School districts serving the area
Relevant Academy of Eaton County, Grand Ledge Public Schools, Oneida Township S/D #3
Schools include
Relevant Academy of Eaton County, Willow Ridge Elementary School, Grand Ledge High School, Kenneth T Beagle Middle School, TC Holbrook Elementary 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
AE
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
1
Nearest Superfund site
Parsons Chemical Works, Inc. (0.6 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
52.0°F
Average high
60.0°F
Average low
43.0°F
Annual precipitation
42.1 in
Annual snowfall
30.9 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
7.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
29,409
Jobs reachable by transit (45 min)
20,980

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
29
Nearest airport
Abrams Municipal Airport (3 mi)
Nearest major airport
Capital Region International Airport (LAN) (10 mi)
Hospitals nearby (~15 mi)
6
Hospitals include
MCLAREN GREATER LANSING, EDWARD W SPARROW HOSPITAL, EATON RAPIDS MEDICAL CENTER
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
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
1,978
Housing built before 1970
35.7%
Housing built 2000 or later
20.9%
Median annual property tax
$3,700
Mean commute to work
17 min
Households with broadband internet
80.4%

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 48837State medianUS median
Median home value$306,711$246,351$289,727
Median sale price$174,500$265,000$325,000
Median days on market32 days36 days51 days
Typical rent$1,663/mo$1,494/mo$1,808/mo
Median annual property tax$3,700$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 48837?
$306,711.
What is the median sale price in ZIP 48837?
$174,500.
How long do homes take to sell in ZIP 48837?
Median days on market: 32 days.
What is typical rent in ZIP 48837?
Typical rent: $1,663/month.
What is the natural-hazard risk in ZIP 48837?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, hail, iceStorm, tornado.
Is ZIP 48837 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 48837?
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 48837?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48837?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Parsons Chemical Works, Inc., 0.6 mi.
How many schools serve ZIP 48837?
7 schools (3 elementary, 2 middle, 2 high) (NCES, 2022-23).
Is ZIP 48837 walkable?
Walkability index: 7.7/20 (EPA Smart Location Database).
What is the cost of living in ZIP 48837?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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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