The story of this market
The typical home in ZIP 48861 sells for about $245,000, or $158 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,039 a month.
ZIP 48861 — Mulliken
The housing market in 48861 remains stable, characterized by low inventory and high owner-occupancy rates. Demand is supported by its appeal as a quiet, affordable alternative to the Lansing urban core, though limited sales volume keeps the market pace moderate.
This ZIP is best suited for families and commuters seeking a quiet, rural lifestyle with affordable housing options while maintaining reasonable access to the Lansing employment core.
Median prices moved up 3.2% year over year.
Homes spend a median of 42 days on market with 3.5 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 1.3% · poverty 4.2% — 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 6.8%/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 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 48861, Eaton 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 Mulliken area are generally low, consistent with rural Clinton County trends and significantly below the averages found in the nearby Lansing urban core.
The area is primarily served by the Grand Ledge Public Schools district, which maintains a solid reputation for academic performance and extracurricular programming within the region.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and winter weather; flood risk is localized to specific low-lying areas near the Grand River.
Economic momentum is driven by proximity to the Lansing employment hub and regional manufacturing, with steady, low-density residential development characterizing the local landscape.
Property taxes are assessed at the county and local township levels, with rates reflecting standard Michigan millage structures; no unique special district surcharges are currently reported for this ZIP.
Residents typically rely on personal vehicles for a 20-30 minute commute into the Lansing-East Lansing metropolitan area via I-96 or local state highways.
The area offers access to rural outdoor activities, including local parks and proximity to the Grand River for fishing and boating, with major shopping centers located in nearby Grand Ledge.
The rental market is limited in depth due to the high owner-occupancy rate, with most available units consisting of single-family homes rather than large apartment complexes.
The local economy is heavily influenced by the broader Lansing-East Lansing MSA, with major employment sectors including state government, education (Michigan State University), and automotive manufacturing.
Development is primarily focused on low-density residential infill, with no major large-scale commercial or infrastructure projects currently reported within the ZIP boundaries.
Parcels are subject to standard school district and county-level millages; no specific MUD or PID districts are identified.
Property insurance premiums are generally stable, reflecting the low-hazard, rural nature of the geography.
Data retrieved from US Census Bureau 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.
- Zap Zone XL - Lansing4.614.5 mi
- Funcity Trampoline and Adventure Park3.714 mi
- Sky Zone Trampoline Park4.515.4 mi
- Funtyme Adventure Parks4.29.9 mi
- Chuck E. Cheese3.914.4 mi
- Celebration! Cinema4.518.7 mi
- Royal Scot Lansing4.115.3 mi
- Country Mill Farms, Bakery, Orchard & Cider Mill4.78.3 mi
- Lansing Brewing Company4.218.5 mi
- Grewal Hall at 2244.418.1 mi
- Fitzgerald Park4.77.9 mi
- Wagon Wheel American Grill4.510.4 mi
- Buddy's on the Beach4.512.1 mi
- Oak Park4.78.3 mi
- Lincoln Brick Park4.78 mi
- Impression 5 Science Center4.718.3 mi
- Michigan History Center4.717.6 mi
- Historic Charlton Park4.716.7 mi
- R.E. Olds Transportation Museum4.818.3 mi
- Courthouse Square Museum4.611.5 mi
- Fitzgerald Park4.77.9 mi
- Oak Park4.78.3 mi
- The Ledges Trail - West Trailhead4.78 mi
- Lincoln Brick Park4.78 mi
- Jaycee Park4.68.7 mi
- Centennial Acres Golf Course4.63 mi
- Willow Wood Golf Club4.56.3 mi
- Ledge Meadows Golf Course4.25.9 mi
- Maple Brook Golf Course4.411.1 mi
- Horrocks Farm Market4.812.7 mi
- Meijer4.212.5 mi
- Meijer4.28.6 mi
- Burlington3.912.2 mi
- T.J. Maxx4.212.2 mi
- Capital Region International Airport4.316.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities for residents.
Provides opportunities for fishing and non-motorized boating in the surrounding rural area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.