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Area data

Greenbush, MI — ZIP 48738

Population: 1,129 (Census ACS)

The median home value in ZIP 48738 (Greenbush, MI) is $250,613 — up 9.1% over the past year. Homes sell for a median $218,500 after a median 68 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with lightning the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$250,613

Median home value

+9.1%

1-year change

68

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$250,613
1-year appreciation
+9.1%
3-year appreciation
+25.0%
5-year appreciation
+23.8%
10-year appreciation
+65.9%
All-time peak (2026-08)
$250,613
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$218,500
Median list price
$292,450
Median price per sqft
$178
1-year sale-price change
-25.9%
Median days on market
68 days
Homes sold (recent period)
9
For-sale inventory
23
Sale-to-list ratio
97.0%
Active listings
17
New listings (monthly)
7

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$723/mo
1BR fair-market rent
$822/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,363/mo
4BR fair-market rent
$1,426/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
lightning
Notable hazard ratings (county)
coldWave: Relatively Low · lightning: Relatively Moderate · inlandFlooding: Relatively Low
Wildfire risk to homes (county)
Higher than 36% of US counties
Buildings in wildfire direct-exposure zone
86.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Wurtsmith Air Force Base (7.6 mi — proposed for listing)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
46.0°F
Average high
55.0°F
Average low
36.0°F
Annual precipitation
32.3 in
Annual snowfall
49.2 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
8
Nearest airport
Oscoda Wurtsmith Airport (OSC) (8 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
MYMICHIGAN MEDICAL CENTER ALPENA, TAWAS ST JOSEPH HOSPITAL, SAINT MARY'S STANDISH COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+168 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,971
Housing built before 1970
48.2%
Housing built 2000 or later
19.1%
Median annual property tax
$1,775
Mean commute to work
18 min
Households with broadband internet
67.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
1,204
Average weekly wage
$771
Top industries (by employment)
Health Care, Other Services, Administrative Services
Annual residential building permits (county)
48

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 48738State medianUS median
Median home value$250,613$242,800$288,527
Median sale price$218,500$265,000$325,000
Median days on market68 days36 days51 days
Median annual property tax$1,775$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 48738?
$250,613.
What is the median sale price in ZIP 48738?
$218,500.
How long do homes take to sell in ZIP 48738?
Median days on market: 68 days.
What is typical rent in ZIP 48738?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 48738?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: lightning.
What is the wildfire risk in ZIP 48738?
Risk to homes is higher than 36% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 48738?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48738?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in ZIP 48738?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents