48626 — Midland County, Michigan Market Snapshot
Housing market data for zip code 48626 in Midland County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$195,999
Days to Sell
75
Homes Sold
12
Inventory
7
Sale-to-List
99.3%
New Listings
15
Price/SqFt
$126
Pending Sales
14
Conforming Loan Available
Most homebuyers in 48626 can comfortably use conventional financing. The median home price of $195,999 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
With homes sitting for 75 days on average, 48626 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 48626 (99.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48626 can comfortably use conventional financing. The median home price of $195,999 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 48626 are set at the county level.
2026 Loan Limits — Midland 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 48626
To purchase the median home at $195,999 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,652.
Monthly Payment
$1,652
Income Required
$70,786
Principal & Interest
$1,208/mo
Down Payment (5%)
$9,800
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 48626.
Estimated Monthly Payment
$1,363
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