48747 — Portsmouth, MI Home Values
Typical home value $223,929 as of June 2026 · 3rd of 10 in Bay City, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48747, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48747 compares in the Bay City, MI area
ZIP code 48747 (Portsmouth, MI) has a typical home value of $223,929 as of June 2026, ranking 3rd of 10 ZIP codes tracked in the Bay City, MI area, more expensive than about 80% of ZIP codes in the metro. Prices here have moved +5.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +37.5%, from $162,812 in June 2021 to $223,929 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Bay City, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Bay City.
Population and demographics
ZIP code 48747 has a population of 1,488, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 90.1% White, 4.8% two or more races, 3.5% Hispanic or Latino, 0.6% Asian, 0.5% American Indian or Alaska Native, 0.3% another race, and 0.2% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Reese High School | 1696 S VAN BUREN RD, REESE, MI | 5.7 mi |
| Reese Middle School | 1696 S VAN BUREN RD, REESE, MI | 5.7 mi |
| Reese Elementary School | 9535 CENTER ST, REESE, MI | 6.2 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 48747?
$223,929 as of June 2026, the latest month Zillow has published observed data for.
Is 48747 an expensive ZIP code in the Bay City, MI area?
48747 ranks 3rd of 10 ZIP codes in the Bay City, MI area by typical home value, more expensive than about 80% of ZIP codes in the metro.
How much have home values in 48747 changed over the past year?
+5.8% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48747?
1,488, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48747?
Reese High School (5.7 mi), Reese Middle School (5.7 mi), Reese Elementary School (6.2 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 48747?
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 Bay City, 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.