The story of this market
The typical home in ZIP 48617 sells for about $159,000, or $115 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $842 a month.
ZIP 48617 — Clare
The housing market in 48617 remains stable with modest price appreciation driven by low inventory levels. Demand is supported by local affordability, though higher interest rates have tempered the pace of sales compared to previous years.
This ZIP is well-suited for families and retirees seeking an affordable, small-town lifestyle with access to outdoor recreation and a lower cost of living.
Median prices moved up 2.5% year over year.
Homes spend a median of 84 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 20.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48617, Clare MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Clare are generally lower than the national average, with property crime being the most frequently reported incident type.
Schools serving the area are primarily part of the Clare Public Schools district, which maintains a moderate rating for student performance and community engagement.
The area faces moderate risks related to winter weather and seasonal flooding near local waterways, with standard insurance coverage typically sufficient.
Economic momentum is driven by local manufacturing, healthcare, and retail sectors, with steady but modest infrastructure investment in the Clare area.
Property taxes are assessed at the county level based on state-equalized values, with millage rates determined by local school districts and municipal authorities.
Commutes are primarily car-dependent, with residents traveling via US-127 toward employment hubs in Mt. Pleasant or Midland.
The area features access to the Pere Marquette Rail-Trail, local parks like Emerald Isle Recreation Complex, and proximity to several small lakes for fishing and boating.
The rental market is characterized by low vacancy rates and steady demand, with limited new multi-family construction keeping supply tight.
The local economy is anchored by manufacturing, healthcare services, and regional retail, serving as a hub for central Michigan.
Development is focused on small-scale commercial infill and residential improvements within the city limits.
Parcels are subject to Clare Public Schools and local municipal tax levies.
Insurance premiums are stable, reflecting the area's low exposure to catastrophic natural disasters.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides sports fields and community event space.
A major regional paved trail for cycling and walking.
Hosts annual community events and agricultural exhibitions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.