48817 — Shiawassee County, Michigan Market Snapshot
Housing market data for zip code 48817 in Shiawassee County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$202,500
Days to Sell
17
Homes Sold
18
Inventory
9
Sale-to-List
100.6%
New Listings
20
Price/SqFt
$141
Pending Sales
25
Conforming Loan Available
Most homebuyers in 48817 can comfortably use conventional financing. The median home price of $202,500 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 48817 are moving quickly at 17 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 48817 (100.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48817 can comfortably use conventional financing. The median home price of $202,500 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 48817 are set at the county level.
2026 Loan Limits — Shiawassee 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 48817
To purchase the median home at $202,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,701.
Monthly Payment
$1,701
Income Required
$72,921
Principal & Interest
$1,248/mo
Down Payment (5%)
$10,125
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 48817.
Estimated Monthly Payment
$1,403
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 48817. Tell us what you're looking for.