HousingHandbookReference data

U.S. ZIP Code · MI48891

Montcalm County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$204,842[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+9.0%
5-year / yr
+4.7%
10-year / yr
+7.2%

Relative price

vs U.S.
-27.9%
vs metro
-33.2%
vs state
-14.3%
ZIP 48891 location in MI
Location of ZIP 48891 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48891 is worth $204,842 — 33.2% below the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 9.0%. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.3%[3]
Typical annual tax
$2,580[3]

#Climate risk

FEMA National Risk Index ratings for Montcalm County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
2,915[3]
Median household income
$51,429[3]

#Migration

Household moves in and out of Montcalm County over a year, from IRS tax-return data.

Net migration
+127[5]
Moved in
1,903
Moved out
1,776

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
1
Middle
0
High
3
  • Success Virtual Learning Centers of Michigan

    High · Grades 9–12 · Success Virtual Learning Centers of Michigan

    1,804 students

  • Vestaburg Community Elem School

    Elementary · Grades PK–6 · Vestaburg Community Schools

    310 students

  • Vestaburg Community High School

    High · Grades 7–12 · Vestaburg Community Schools

    246 students

  • Vestaburg Community Alternative Education School Vestaburg

    High · Grades 9–12 · Vestaburg Community Schools

    62 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,036
Loan principal$163,874
Down payment$40,968
Total interest paid$209,012

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,422
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
16th percentile[1]
Rental yield
[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48891?
The typical home in 48891 is worth $204,842, based on the Zillow Home Value Index.
Are home values rising in 48891?
Home values in 48891 are up 9.0% over the past year, and up 4.7% a year over five years.
What is the property tax rate in 48891?
The effective property tax rate in 48891 is 1.3% — roughly $2,580 a year on a typical home.
Who lives in 48891?
ZIP code 48891 has a population of 2,915 and a median household income of $51,429.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Carson City, MI

    Typical home
    $205,760
    Gross yield
  • Crystal CDP, MI

    Typical home
    $201,503
    Gross yield
  • Edmore, MI

    Typical home
    $197,110
    Gross yield
  • Hubbardston, MI

    Typical home
    $196,794
    Gross yield
  • Nashville, MI

    Typical home
    $217,029
    Gross yield
  • Sheridan, MI

    Typical home
    $220,861
    Gross yield

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