48616 — Chesaning, MI Home Values
Typical home value $220,648 as of June 2026 · 9th of 20 in Saginaw, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48616, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48616 compares in the Saginaw, MI area
ZIP code 48616 (Chesaning, MI) has a typical home value of $220,648 as of June 2026, ranking 9th of 20 ZIP codes tracked in the Saginaw, MI area, more expensive than about 60% of ZIP codes in the metro. Prices here have moved +7.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +39.9%, from $157,759 in June 2021 to $220,648 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Saginaw, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Saginaw.
Population and demographics
ZIP code 48616 has a population of 7,702, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.5% White, 4.5% Hispanic or Latino, 1.6% two or more races, 0.8% Black or African American, 0.8% Asian, and 0.8% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Chesaning Union Schools Alternative Education | 850 N 4TH ST, CHESANING, MI | 0.8 mi |
| Chesaning Union High School | 850 N 4TH ST, CHESANING, MI | 0.8 mi |
| Big Rock Elementary School | 920 E BROAD ST, CHESANING, MI | 0.8 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 48616?
$220,648 as of June 2026, the latest month Zillow has published observed data for.
Is 48616 an expensive ZIP code in the Saginaw, MI area?
48616 ranks 9th of 20 ZIP codes in the Saginaw, MI area by typical home value, more expensive than about 60% of ZIP codes in the metro.
How much have home values in 48616 changed over the past year?
+7.8% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48616?
7,702, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48616?
Chesaning Union Schools Alternative Education (0.8 mi), Chesaning Union High School (0.8 mi), Big Rock Elementary School (0.8 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 48616?
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 Saginaw, 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.