48811 — Gratiot County, Michigan Market Snapshot
Housing market data for zip code 48811 in Gratiot County, Michigan. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Gratiot County county page for broader data.
Market Sales Data
1 sales in 2026 (year to date)
Median Sale Price
$148,200
Days to Sell
18
Homes Sold
1
Inventory
N/A
Conforming Loan Available
Most homebuyers in 48811 can comfortably use conventional financing. The median home price of $148,200 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
Homes in 48811 are moving quickly at 18 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 48811 can comfortably use conventional financing. The median home price of $148,200 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 48811 are set at the county level.
2026 Loan Limits — Gratiot 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 48811
To purchase the median home at $148,200 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,285.
Monthly Payment
$1,285
Income Required
$55,091
Principal & Interest
$913/mo
Down Payment (5%)
$7,410
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 48811.
Estimated Monthly Payment
$1,067
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