48850 — Lakeview, MI Home Values
Typical home value $224,801 as of June 2026 · 5th of 13 in Big Rapids, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48850, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48850 compares in the Big Rapids, MI area
ZIP code 48850 (Lakeview, MI) has a typical home value of $224,801 as of June 2026, ranking 5th of 13 ZIP codes tracked in the Big Rapids, MI area, more expensive than about 69% of ZIP codes in the metro. Prices here have moved +6.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.7%, from $187,754 in June 2021 to $224,801 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Big Rapids, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Big Rapids.
Population and demographics
ZIP code 48850 has a population of 4,526, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 88.6% White, 4.6% Black or African American, 4.3% Hispanic or Latino, 2.3% two or more races, and 0.2% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lakeview Elementary School | 9497 PADEN RD, LAKEVIEW, MI | 1.4 mi |
| Lakeview Middle School | 516 WASHINGTON ST, LAKEVIEW, MI | 1.6 mi |
| Lakeview High School | 9800 YOUNGMAN RD, LAKEVIEW, MI | 1.8 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 48850?
$224,801 as of June 2026, the latest month Zillow has published observed data for.
Is 48850 an expensive ZIP code in the Big Rapids, MI area?
48850 ranks 5th of 13 ZIP codes in the Big Rapids, MI area by typical home value, more expensive than about 69% of ZIP codes in the metro.
How much have home values in 48850 changed over the past year?
+6.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48850?
4,526, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48850?
Lakeview Elementary School (1.4 mi), Lakeview Middle School (1.6 mi), Lakeview High School (1.8 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 48850?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Big Rapids, 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.