HousingHandbookReference data

U.S. ZIP Code · MI49245

Calhoun County · Battle Creek, MI

Typical home value

$138,307[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.5%
5-year / yr
+6.3%
10-year / yr
+7.9%

Relative price

vs U.S.
-51.3%
vs metro
-32.1%
vs state
-42.2%
ZIP 49245 location in MI
Location of ZIP 49245 in MI

Price history

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

The typical home in 49245 is worth $138,307 — 32.1% below the Battle Creek, MI median. Over the past year, values have risen 4.5%. The effective property tax rate is 1.1%.

#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
1.1%[3]
Typical annual tax
$1,512[3]

#Climate risk

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

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

#Who lives here

Population
4,547[3]
Median household income
$62,206[3]

#Migration

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

Net migration
+74[5]
Moved in
2,966
Moved out
2,892

Schools

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

Public schools
3
Elementary
1
Middle
1
High
1
  • Lillian Fletcher Elem School

    Elementary · Grades K–4 · Homer Community School District

    329 students

  • Homer Community High School

    High · Grades 9–12 · Homer Community School District

    296 students

  • Homer Middle School

    Middle · Grades 5–8 · Homer Community School District

    264 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$699
Loan principal$110,646
Down payment$27,661
Total interest paid$141,123

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$940
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
55th percentile[1]
Rental yield
[2]
Property tax
27th percentile[3]

Frequently asked

How much is a home worth in ZIP code 49245?
The typical home in 49245 is worth $138,307, based on the Zillow Home Value Index.
Are home values rising in 49245?
Home values in 49245 are up 4.5% over the past year, and up 6.3% a year over five years.
What is the property tax rate in 49245?
The effective property tax rate in 49245 is 1.1% — roughly $1,512 a year on a typical home.
Who lives in 49245?
ZIP code 49245 has a population of 4,547 and a median household income of $62,206.

#Comparable ZIPs

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

  • Battle Creek, MI

    Typical home
    $129,804
    Gross yield
    9.7%
  • Albion, MI

    Typical home
    $149,010
    Gross yield
  • Battle Creek, MI

    Typical home
    $184,587
    Gross yield
    6.7%
  • Tekonsha, MI

    Typical home
    $187,240
    Gross yield
  • Battle Creek, MI

    Typical home
    $199,467
    Gross yield
    7.2%
  • Athens, MI

    Typical home
    $207,646
    Gross yield

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