The story of this market
The typical home in ZIP 48859 sells for about $249,900, or $155 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 48859 — Mount Pleasant
The housing market in 48859 shows steady activity with prices reflecting a modest year-over-year increase. Demand remains supported by the local university and healthcare sectors, keeping inventory levels tight. Buyers are finding homes selling near asking price, indicating a balanced market environment.
This ZIP is well-suited for families and university-affiliated professionals seeking a balance of affordability and access to the amenities of Mount Pleasant.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 100.0% — 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 6.2%/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 6.0%/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 48859, Isabella County MI
Crime rates in the area are generally lower than the state average, with property crime being the most frequently reported incident type.
Schools serving the area are part of the Mount Pleasant Public Schools district, which maintains a stable academic reputation within the region.
The area has a minor risk of flooding, with approximately 510 properties identified as potentially affected by flood events over the next 30 years.
Economic momentum is driven by the proximity to Central Michigan University and the associated service and retail sectors in Mount Pleasant.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents primarily commute by car, with most travel directed toward the Mount Pleasant employment core via local highway corridors.
The area offers access to local parks, community trails, and proximity to regional lakes and golf courses within a short driving distance.
The rental market is characterized by consistent demand from students and local workers, with low vacancy rates and moderate rent growth.
The economy is anchored by Central Michigan University, the Soaring Eagle Casino & Resort, and regional healthcare providers.
Transportation is primarily road-based, with US-127 serving as the main artery for regional connectivity.
Development is focused on infill projects and the expansion of university-related infrastructure.
The Isabella County Equalization Department oversees property assessments and tax roll maintenance.
Parcels are subject to local school district taxes and county-wide millage for public services.
Property insurance premiums are stable, though hazard coverage for wind and water is standard for the region.
The state has seen modest net domestic migration, with growth concentrated in university and urban centers.
Michigan is a judicial foreclosure state with specific notice and redemption periods for homeowners.
Sellers are required to provide a comprehensive property disclosure statement regarding the condition of the home.
Data retrieved from data.census.gov for ZCTA 48859.
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 major community park featuring trails and river access.
Private golf course serving the local area.
Major regional entertainment and dining anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.