3-digit ZIP regional index
Home appreciation in ZIP codes 486xxSaginaw, MI area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 486 changed +5.6% over the year to Q2 2026, compared with +4.6% for Michigan and +3.0% for the United States.
The region covers ZIP codes 48601–48667. Most of its 2010 population lived in Saginaw County (43%), Midland County (20%), Clare County (8%). Communities in the region include Midland, Freeland, Buena Vista, Shields, Bridgeport. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +5.6%
- 5-year change
- +55.0%
- Since Q1 1995
- +198%
- National rank (1 year)
- 204th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 486 vs Michigan and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 486: 297.8
- Michigan: 328.0
- Saginaw, MI metro: 268.2
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 486 | MI | U.S. | Gap vs MI | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.6% | +4.6% | +3.0% | +1.0 pts | +2.5 pts |
| 3 years | +21.6% | +18.0% | +12.9% | +3.6 pts | +8.8 pts |
| 5 years | +55.0% | +45.6% | +41.3% | +9.4 pts | +13.7 pts |
| 10 years | +112% | +104% | +93.3% | +8.8 pts | +19.0 pts |
| Since Q1 1995 | +198% | +228% | +292% | −30.2 pts | −93.8 pts |
If you bought in ZIP3 486 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +192% | $876,597 |
| Q2 2000 | +122% | $666,920 |
| Q2 2005 | +79.4% | $538,221 |
| Q2 2010 | +117% | $649,938 |
| Q2 2015 | +115% | $644,499 |
| Q2 2020 | +75.4% | $526,051 |
| Q2 2021 | +54.9% | $464,845 |
| Q2 2023 | +21.6% | $364,897 |
| Q2 2025 | +5.6% | $316,697 |
How ZIP3 486 ranks
Over the past year ZIP3 486 ranks 204th of 882 3-digit ZIP regions nationally and 5th of 20 in Michigan. Its one-year change is +2.5 pts versus the nation and +1.0 pts versus Michigan. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Michigan |
|---|---|---|
| 1 year | 204th of 882 | 5th of 20 |
| 3 years | 145th of 882 | 6th of 20 |
| 5 years | 124th of 882 | 6th of 20 |
| 10 years | 157th of 882 | 9th of 20 |
| Since Q1 1995 | 789th of 879 | 17th of 20 |
Boom, bust, and recovery in ZIP3 486
ZIP3 486's index peaked in Q1 2006, fell 22.7% to its low in Q2 2012, and regained its peak in Q3 2020, about 14.5 years after the top. Today it sits +74.7% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 486 | Q1 2006 | Q2 2012 | -22.7% | Q3 2020 (14.5 yrs) | +74.7% |
| MI | Q3 2005 | Q2 2011 | -29.4% | Q2 2018 (12.8 yrs) | +83.3% |
| Metro | Q1 2006 | Q3 2012 | -25.4% | Q3 2020 (14.5 yrs) | +63.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 486's index has changed +34.5% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 486 after inflation | MI after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +1.6% | +0.7% | +0.4% | -0.8% |
| 3 years | +9.8% | +10.8% | +7.4% | +3.3% | +2.8% |
| 5 years | +24.0% | +24.9% | +17.4% | +18.8% | +13.9% |
| 10 years | +39.1% | +52.7% | +46.3% | +43.1% | +39.0% |
| Since Q1 1995 | +121% | +34.5% | +48.1% | +21.1% | +76.8% |
Estimate appreciation for a home in ZIP3 486
Regional estimate
$637,008
- Estimated gain
- $337,008
- Index change
- +112%
- Start index
- 140.24
- End index
- 297.78
ZIP3 486 (Saginaw, MI area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 487 · Bay City, MI area | MI | +3.9% | +55.2% | +212% |
| 485 · Flint, MI area | MI | +3.1% | +40.9% | +143% |
| 488 · East Lansing, MI area | MI | +4.9% | +44.0% | +213% |
| 484 · Fenton, MI area | MI | +4.2% | +42.0% | +199% |
| 489 · Lansing, MI area | MI | -2.3% | +33.6% | +165% |
| 493 · Big Rapids, MI area | MI | +5.3% | +51.1% | +275% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 297.78 |
| Q1 2026 | 291.17 |
| Q4 2025 | 291.29 |
| Q3 2025 | 288.67 |
| Q2 2025 | 282.08 |
| Q1 2025 | 273.96 |
| Q4 2024 | 276.55 |
| Q3 2024 | 269.51 |
| Q2 2024 | 265.27 |
| Q1 2024 | 256.96 |
| Q4 2023 | 254.96 |
| Q3 2023 | 253.96 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 486?
- Based on FHFA HPI® data for 3-digit ZIP region 486, the regional index changed +5.6% over the year to Q2 2026, +55.0% over five years, +112% over ten years, and +198% since Q1 1995.
- Is ZIP3 486 appreciating faster than Michigan and the U.S.?
- Over the past year the region's index +5.6% compares with +4.6% for Michigan and +3.0% for the U.S., a gap of +2.5 pts versus the nation. Over five years the gap versus the nation is +13.7 pts.
- Which ZIP codes are in 3-digit ZIP region 486?
- All ZIP codes that begin with 486. Census 2010 ZIP Code Tabulation Areas in this region run from 48601 to 48667 (51 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.