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market report · 48640
Midland, MI · 48640
48 active listings$292,450 median ask$2,173 est. rent0.7% price/rent
$292,450
Median list price
$2,173/mo
Estimated rent
0.7%
Price / rent ratio
48
Listings
FHFA home price index · 2016–2025
86.2% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.14
Median rent / sqft
47 comps
$157.45
Median sold / sqft
47 comps
—
Walkability
5.0%
Area unemployment
BLS LAUS
Median household income $80,574 · median home value $200,700 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 82).
5 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
15 Welch Dr, Midland, MI 48640
Midland, MI
$70,000$1,706/mo2.4%
654 W Isabella Rd, Midland, MI 48640
Midland, MI
$99,900$1,507/mo1.5%
249 E Bradford Rd, Midland, MI 48640
Midland, MI
$110,000$1,625/mo1.5%
104 Bradley Ct, Midland, MI 48640
Midland, MI
$167,000$2,076/mo1.2%
2609 Jefferson Ave, Midland, MI 48640
Midland, MI
$174,900$2,173/mo1.2%
111 Varner Ct, Midland, MI 48640
Midland, MI
$219,900$2,247/mo1%