The story of this market
The typical home in ZIP 48841 sells for about $183,298.
HUD's fair market rent for a two-bedroom is $915 a month.
ZIP 48841 — Henderson
The market in 48841 is a distressed, soft market with a median home value of $183,298 and a 5-year CAGR of 2.4%. Many specific metrics such as days on market, active inventory, and tax rates are not currently published for this ZIP code. The area is noted as being suitable for experienced investors rather than typical residential buyers.
This ZIP is primarily suited for experienced real estate investors who understand how to operate in soft, distressed markets where cash flow requires active management and local expertise.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 9.3% — a stable, low-distress profile.
ZIP code tabulation area 48841
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The rental market in 48841 is characterized by a landlord-friendly climate with a 5.0/5 rating and low vacancy pressure at 5.2%.
The local economy is described as a soft market requiring careful diligence and operational experience to achieve returns.
- Owosso Speedway4.47.6 mi
- Peacock Road Family Farm4.718.7 mi
- Shiawassee County Ag Society - DBA: Shiawassee County Fair4.511.9 mi
- Saginaw County Fairgrounds4.57.5 mi
- Riverfront Grille4.48.7 mi
- Steam Railroading Institute4.57.9 mi
- McCurdy Park4.69.8 mi
- Owosso Curwood Castle4.67.5 mi
- NCG Cinema - Owosso4.47.9 mi
- Showboat Park4.58.3 mi
- Steam Railroading Institute4.57.9 mi
- Owosso Curwood Castle4.67.5 mi
- Durand Union Station Inc4.818.3 mi
- Mid Michigan Old Gas Tractor Assc Showgrounds4.84.2 mi
- McCurdy Park4.69.8 mi
- Showboat Park4.58.3 mi
- DeVries Nature Conservancy4.85.3 mi
- Curwood Castle Park4.77.6 mi
- Ringwood Forest4.711.9 mi
- Owosso Country Club4.33.7 mi
- Meijer4.39.1 mi
- Dollar General47.7 mi
- Frank's Supermarket4.48.3 mi
- Owosso Farmers Market4.67.6 mi
- Owosso East Plaza4.38.3 mi
- Bishop International Airport4.526.5 mi
- Capital Region International Airport4.328.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.