48823 — Clinton County, Michigan Market Snapshot

Housing market data for zip code 48823 in Clinton County, Michigan. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

128 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$346,250

6.7% YoYClosed sales

Days to Sell

30

Median, listing to close

Homes Sold

128

Closed in 2026

Inventory

111

Sale-to-List

100.1%

New Listings

187

Price/SqFt

$176

Pending Sales

154

Conforming Loan Available

Most homebuyers in 48823 can comfortably use conventional financing. The median home price of $346,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

48823's market is balanced with homes taking an average of 30 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 48823 (100.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 48823 can comfortably use conventional financing. The median home price of $346,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 48823 are set at the county level.

2026 Loan Limits — Clinton County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 48823

To purchase the median home at $346,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,803.

Monthly Payment

$2,803

Income Required

$120,122

Principal & Interest

$2,133/mo

Down Payment (5%)

$17,313

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 48823.

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Estimated Monthly Payment

$2,293

Principal & Interest$1,797
Property Tax$346
Insurance$150
Loan Amount$277,000
Total Interest$369,783
Income Required$98,266/yr

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