The story of this market
The typical home in ZIP 48836 sells for about $359,900, or $185 per square foot.
Prices are up +2.78% from a year ago, so sellers still have some momentum. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,091 a month.
ZIP 48836 — Fowlerville
The housing market in 48840 remains stable with steady price appreciation and low inventory levels. Demand is supported by the area's proximity to major employment hubs in Lansing and East Lansing, keeping days on market low despite broader economic headwinds.
This ZIP is well-suited for families and professionals working in the Lansing/East Lansing area who seek a suburban environment with good school access and proximity to major employment hubs.
Median prices moved up 2.8% year over year.
Homes spend a median of 27 days on market with 2.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 6.2% — a stable, low-distress 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 7.7%/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 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48840, Ingham 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.
The area is served by the Haslett Public Schools district, which is generally well-regarded within the Lansing metropolitan region.
Economic momentum is driven by proximity to Michigan State University and the state capital, Lansing, providing a stable employment base in education and government.
Property taxes are assessed at the local level by Ingham County and the township, with rates influenced by school district millages and state-level education funding formulas.
Residents primarily commute by car to Lansing or East Lansing, with typical drive times ranging from 15 to 25 minutes depending on traffic.
The area features access to Lake Lansing for water recreation, several local parks, and proximity to regional shopping centers in neighboring East Lansing.
The rental market is characterized by moderate demand driven by university staff and students, with relatively low vacancy rates.
The economy is anchored by Michigan State University, state government offices in Lansing, and a mix of healthcare and retail services.
The area is primarily served by regional highway corridors connecting to Lansing; public transit options are limited compared to the urban core.
Development is focused on infill residential projects and small-scale commercial improvements along the main thoroughfares.
The Ingham County Equalization Department oversees property assessments, which are adjusted annually based on market sales data.
Parcels are subject to local school district taxes and county-wide millages for public services.
Property insurance premiums are generally stable, though coverage for wind and storm damage is a standard consideration in the region.
Data retrieved from US Census Bureau ACS tables for ZCTA 48840.
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.
- High Caliber Karting and Entertainment4.817.9 mi
- Airborne Adventure Park - Brighton, MI416.2 mi
- Castaway Play Cafe4.14.8 mi
- Launch Family Entertainment Lansing4.618 mi
- Rollerama Skating Center - Zap Zone Brighton4.214.6 mi
- Mt. Brighton Ski Resort4.115.7 mi
- High Caliber Karting and Entertainment4.817.9 mi
- Timber Trace Golf Club4.613 mi
- Hell Saloon4.515.8 mi
- Dunham Hills Golf Club4.519.8 mi
- Howell Nature Center4.411.1 mi
- Chemung Hills Golf Club & Banquet Center4.410.2 mi
- Castaway Play Cafe4.14.8 mi
- Howell Bowl-E-Drome3.98.9 mi
- McCormick Park4.710.6 mi
- Brewery Becker4.817.2 mi
- Durand Union Station Inc4.818.4 mi
- Howell Opera House4.68.2 mi
- Waterloo Farm Museum4.819.5 mi
- Art Unlimited4.917.8 mi
- Howell Nature Center4.411.1 mi
- McCormick Park4.710.6 mi
- Fowlerville Community Park4.51 mi
- West Street Park4.58 mi
- Joey's Pet Outfitters4.812.8 mi
- Wonderland Marine West4.218.6 mi
- Hunters Ridge Golf Course4.57 mi
- Chemung Hills Golf Club & Banquet Center4.410.2 mi
- Tap-In's4.711.8 mi
- Hawk Meadows Golf Course4.27.7 mi
- Wheatfield Valley Golf4.511.2 mi
- Kensington Valley Outlets4.34.7 mi
- Meijer4.211.2 mi
- Kohl's4.212.2 mi
- Jonna's Market4.68.2 mi
- Dollar General45.3 mi
- Bishop International Airport4.527.4 mi
- Capital Region International Airport4.327.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular local destination for boating, fishing, and swimming.
Local retail and dining hub serving the immediate community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.