48464 — Otter Lake, MI Home Values
Typical home value $236,204 as of August 2026 · 148th of 217 in Detroit-Warren-Dearborn, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48464, August 2021 to August 2026. This page shows observed data only; no forecast.
How 48464 compares in the Detroit-Warren-Dearborn, MI area
ZIP code 48464 (Otter Lake, MI) has a typical home value of $236,204 as of August 2026, ranking 148th of 217 ZIP codes tracked in the Detroit-Warren-Dearborn, MI area, more expensive than about 32% of ZIP codes in the metro. Prices here have moved +6.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +20.5%, from $196,101 in August 2021 to $236,204 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Detroit-Warren-Dearborn, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Detroit.
Population and demographics
ZIP code 48464 has a population of 1,986, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94% White, 2.4% two or more races, 1.6% Hispanic or Latino, 1.5% Asian, 0.4% American Indian or Alaska Native, 0.1% Black or African American, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| LakeVille Middle School | 11107 WASHBURN RD, OTISVILLE, MI | 3.7 mi |
| LakeVille High School | 12455 WILSON RD, OTISVILLE, MI | 3.8 mi |
| Columbiaville Elementary School | 4774 PINE ST, COLUMBIAVILLE, MI | 4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 48464?
$236,204 as of August 2026, the latest month Zillow has published observed data for.
Is 48464 an expensive ZIP code in the Detroit-Warren-Dearborn, MI area?
48464 ranks 148th of 217 ZIP codes in the Detroit-Warren-Dearborn, MI area by typical home value, more expensive than about 32% of ZIP codes in the metro.
How much have home values in 48464 changed over the past year?
+6.6% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48464?
1,986, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48464?
LakeVille Middle School (3.7 mi), LakeVille High School (3.8 mi), Columbiaville Elementary School (4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 48464?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Detroit-Warren-Dearborn, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.