ZIP Code 48640 Housing Market
ZIP code 48640 is located in Midland County, Michigan. Based on the FHFA House Price Index, the most recent annual HPI value is 194.2 (2000 = 100) , with a year-over-year change of +6.29% as of 2025.
📈 48640 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
About This ZIP Code
ZIP code 48640 is one of the most active real estate sub-markets in Midland County, Michigan. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Midland County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Midland County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 48657 | 210.4 | +4.21% | 2025 |
| 48626 | 190.9 | +13.41% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.