48632 — Lake, MI Home Values
Typical home value $188,996 as of June 2026 · 8th of 8 in Mount Pleasant, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48632, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48632 compares in the Mount Pleasant, MI area
ZIP code 48632 (Lake, MI) has a typical home value of $188,996 as of June 2026, ranking 8th of 8 ZIP codes tracked in the Mount Pleasant, MI area, more expensive than about 13% of ZIP codes in the metro. Prices here have moved +10.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +27.9%, from $147,742 in June 2021 to $188,996 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Mount Pleasant, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Mount Pleasant.
Population and demographics
ZIP code 48632 has a population of 4,995, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89.7% White, 4.6% two or more races, 4.2% Hispanic or Latino, 1.1% American Indian or Alaska Native, 0.4% another race, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Farwell Timberland Alternative High School | 2655 W LUDINGTON DR, FARWELL, MI | 6 mi |
| Farwell Elementary School | 268 E OHIO ST, FARWELL, MI | 8 mi |
| Farwell High School | 480 E OHIO ST, FARWELL, MI | 8.1 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 48632?
$188,996 as of June 2026, the latest month Zillow has published observed data for.
Is 48632 an expensive ZIP code in the Mount Pleasant, MI area?
48632 ranks 8th of 8 ZIP codes in the Mount Pleasant, MI area by typical home value, more expensive than about 13% of ZIP codes in the metro.
How much have home values in 48632 changed over the past year?
+10.7% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48632?
4,995, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48632?
Farwell Timberland Alternative High School (6 mi), Farwell Elementary School (8 mi), Farwell High School (8.1 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 48632?
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 Mount Pleasant, 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.