Midland, MI Metro Area - Investment Guide
Metro Area • 4 Cities • 5 ZIP Codes
Avg Home Value
$235,962
Avg Monthly Rent
$1,221
Avg Cap Rate
4.01%
Avg Investability
3.0 ★
Cities
4
ZIP Codes
5
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Midland, MI Metro Area
Even conditions for buyers and sellers
23 days
Average time to sell
Fast
12.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Midland, MI
Every ZIP in the metro, ranked four ways. Free.
Cities in Midland, MI
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 48618 | Coleman | MI | $186,196 | $927 | 3.88% | |
| 48657 | Sanford | MI | $224,015 | $1,026 | 3.57% | |
| 48628 | Hope | MI | $206,997 | $1,305 | 4.92% | |
| 48640 | Midland | MI | $228,525 | $1,320 | 4.51% | |
| 48642 | Midland | MI | $230,519 | $1,717 | 5.81% | |
| 48657 | Sanford | MI | $204,290 | $1,026 | 3.92% | |
| 48618 | Coleman | MI | $202,645 | $927 | 3.57% | |
| 48628 | Hope | MI | $222,785 | $1,305 | 4.57% | |
| 48640 | Midland | MI | $252,995 | $1,498 | 4.62% | |
| 48642 | Midland | MI | $255,551 | $1,700 | 5.19% | |
| 48618 | Coleman | MI | $186,196 | $927 | 3.88% | |
| 48657 | Sanford | MI | $220,105 | $1,026 | 3.64% | |
| 48628 | Hope | MI | $206,997 | $1,305 | 4.92% | |
| 48640 | Midland | MI | $228,525 | $1,320 | 4.51% | |
| 48642 | Midland | MI | $230,519 | $1,717 | 5.81% | |
| 48657 | Sanford | MI | $204,290 | $1,026 | 3.92% | |
| 48618 | Coleman | MI | $200,977 | $927 | 3.60% | |
| 48628 | Hope | MI | $220,594 | $1,305 | 4.61% | |
| 48640 | Midland | MI | $252,223 | $1,545 | 4.78% | |
| 48642 | Midland | MI | $256,179 | $1,621 | 4.94% | |
| 48657 | Sanford | MI | $216,925 | $1,026 | 3.69% | |
| 48618 | Coleman | MI | $207,098 | $927 | 3.49% | |
| 48628 | Hope | MI | $229,005 | $1,305 | 4.44% | |
| 48640 | Midland | MI | $256,062 | $1,207 | 3.68% | |
| 48642 | Midland | MI | $263,854 | $1,639 | 4.84% | |
| 48618 | Coleman | MI | $190,912 | $927 | 3.79% | |
| 48657 | Sanford | MI | $223,788 | $1,026 | 3.58% | |
| 48628 | Hope | MI | $213,034 | $1,305 | 4.78% | |
| 48640 | Midland | MI | $238,079 | $1,503 | 4.92% | |
| 48642 | Midland | MI | $242,749 | $1,570 | 5.05% | |
| 48657 | Sanford | MI | $208,952 | $1,026 | 3.83% | |
| 48618 | Coleman | MI | $207,660 | $927 | 3.48% | |
| 48628 | Hope | MI | $228,263 | $1,305 | 4.46% | |
| 48640 | Midland | MI | $258,657 | $1,202 | 3.62% | |
| 48642 | Midland | MI | $261,624 | $1,637 | 4.88% |
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About Midland, MI Real Estate Market
The Midland, MI metropolitan statistical area (MSA) encompasses 4 cities and 5 ZIP codes. The average home value across the metro is $235,962, with an average monthly rent of $1,221. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.