The story of this market
The typical home in ZIP 48422 sells for about $199,000, or $115 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $691 a month.
ZIP 48422 — Croswell
The 48422 housing market is currently stable, characterized by accessible price points and a slow, steady pace of sales. While the market offers affordability, investors and buyers should exercise diligence due to the soft economic environment and limited inventory turnover.
This ZIP is best suited for local families and budget-conscious buyers seeking a rural-adjacent lifestyle, as well as experienced investors who understand the nuances of operating in a soft, lower-cost market.
Median prices moved down 2.4% year over year.
Homes spend a median of 62 days on market with 5.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 13.9% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48422, Sanilac County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Croswell area are generally lower than the regional averages for the broader Flint-adjacent corridor, though property crime remains the primary concern for local law enforcement.
Schools serving the 48422 ZIP code are primarily managed by the Croswell-Lexington Community Schools district, which maintains a moderate performance rating relative to state benchmarks.
The area faces standard Midwestern climate risks, including seasonal wind and storm events; flood risk is localized to specific low-lying areas near the Black River.
Economic momentum is modest, with the local economy anchored by agricultural support services and small-scale manufacturing, while infrastructure remains focused on maintaining existing rural connectivity.
Property taxes are assessed at the local level by Sanilac County and the City of Croswell, with rates influenced by school district millages and standard state-level exemptions for primary residences.
Commuting from 48422 primarily involves personal vehicle travel via M-90 and M-25, with limited public transit options available for those traveling toward larger employment hubs.
The area features access to local parks and the Black River for outdoor activities, with basic shopping and dining amenities concentrated within the city limits of Croswell.
The rental market is characterized by steady demand for affordable housing, though vacancy pressure can fluctuate; short-term rental presence is minimal compared to urban centers.
The local economy is primarily driven by agriculture, light manufacturing, and local retail services, with limited exposure to major corporate headquarters.
Transportation is heavily reliant on private vehicle ownership, with major highway access provided by state routes connecting to the broader Thumb region.
There are no major large-scale commercial or residential developments currently under construction or approved within the 48422 ZIP code.
The Sanilac County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to local school district millages and county-level tax levies for public services and infrastructure.
Property insurance premiums are generally stable, though coverage for wind and storm damage remains a standard consideration for homeowners in the region.
Michigan is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically includes a statutory redemption period.
Michigan law requires sellers to provide a written disclosure statement to buyers, detailing the condition of the property and any known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A historic pedestrian bridge that serves as a local landmark and tourist attraction.
Provides green space and recreational access along the Black River.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.