49240 — Grass Lake, MI Home Values
Typical home value $351,378 as of June 2026 · 1st of 16 in Jackson, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 49240, June 2021 to June 2026. This page shows observed data only; no forecast.
How 49240 compares in the Jackson, MI area
ZIP code 49240 (Grass Lake, MI) has a typical home value of $351,378 as of June 2026, ranking 1st of 16 ZIP codes tracked in the Jackson, MI area, the most expensive ZIP code in the metro. Prices here have moved +4.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.5%, from $279,985 in June 2021 to $351,378 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Jackson, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Jackson.
Population and demographics
ZIP code 49240 has a population of 9,206, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.2% White, 2.7% two or more races, 2.5% Hispanic or Latino, 0.4% Asian, 0.1% Black or African American, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Grass Lake Middle School | 1000 GRASS LAKE RD, GRASS LAKE, MI | 1.8 mi |
| George Long Elementary School | 829 S UNION ST, GRASS LAKE, MI | 1.9 mi |
| Grass Lake High School | 11500 WARRIOR TRL, GRASS LAKE, MI | 2.3 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 49240?
$351,378 as of June 2026, the latest month Zillow has published observed data for.
Is 49240 an expensive ZIP code in the Jackson, MI area?
49240 ranks 1st of 16 ZIP codes in the Jackson, MI area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 49240 changed over the past year?
+4.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 49240?
9,206, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 49240?
Grass Lake Middle School (1.8 mi), George Long Elementary School (1.9 mi), Grass Lake High School (2.3 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 49240?
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 Jackson, 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.