ZIP Code Market Report
48654 — Rose City, MI
Data through February 2026 · Updated monthly
Avg Home Value
$167,687
▲ 8.1% year-over-year
Month-over-Month
+0.5%
▲ 0.5%
Single Family
$165,087
Condo / Co-op
--
The average home value in the 48654 ZIP code (Rose City, MICHIGAN) is $167,687 as of February 2026. Home prices are rising, up 8.1% compared to last year.
A 3-bedroom home in 48654 is valued at $195,796.
The market in 48654 has a $160,021 spread between bottom-tier homes at $100,847 and top-tier homes at $260,868. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Ogemaw County market area in MICHIGAN. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Ogemaw County report.
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Market Snapshot
48654 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $166,949 | $166,914 | $167,687 | ▲ 0.4% |
| Single Family Value | $159,564 | $162,508 | $165,087 | ▲ 3.5% |
Home Values
48654 Home Value Trend
Historical home values for ZIP code 48654. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 48654
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $195,796 |
Property Types
Home Values by Property Type in 48654
How different property types compare in this ZIP code.
All Homes
$167,687
Single Family
$165,087
Bottom Tier
$100,847
Top Tier
$260,868
Data Sources and Methodology
Home value data for ZIP code 48654 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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