ZIP Code 48340 — Pontiac, MI Home Prices (2026)

The typical home in ZIP 48340 (Pontiac, Michigan) is worth about $141,000 at roughly $152 per square foot — about the same as the Pontiac median and 52% more affordable than the typical U.S. home.

$141,000

Typical home value

$152

Price per sq ft

#2 of 3

Pontiac ZIPs by value

+0%

vs Pontiac median

How 48340 compares

ZIP 48340 is a mid-priced ZIP code for Pontiac: its typical home value of $141,000 ranks #2 of the 3 Pontiac ZIP codes we track (the citywide range runs from $130,000 in 48342 to $152,000 in 48341). Per square foot it costs about $152, against $142 for Pontiac as a whole, $190 for Michigan, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 48340	$141,000	$152
Pontiac, MI	$141,000	$142
Michigan	$251,000	$190
United States	$294,000	$195

Home value by size in 48340

Using this ZIP’s rate of about $152 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$152,000
1,500 sq ft	$228,000
2,000 sq ft	$304,000
2,500 sq ft	$380,000
3,000 sq ft	$456,000

Salary needed to buy a home in ZIP 48340

To buy the typical $141,000 home in ZIP 48340 with 20% down, you need a household income of roughly $38,000 a year (about $900 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $46,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$7,100	$1,110/mo	$48,000/yr
10% (+PMI)	$14,100	$1,060/mo	$46,000/yr
20%	$28,200	$900/mo	$38,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 48340

At about $152 per square foot, here is roughly how much home different budgets get you in ZIP 48340:

Budget	Approx. size	What that looks like locally
$150k	990 sq ft	around the typical home here
$200k	1320 sq ft	above the median — larger homes or the pricier ZIPs
$250k	1640 sq ft	above the median — larger homes or the pricier ZIPs
$300k	1970 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 48340 home.

Estimate a specific home in 48340

The estimator below is pre-set to ZIP 48340 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Pontiac ZIP codes by home value

Where 48340 sits among Pontiac’s 3 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	48341	$152,000	$142
2	48340 (this page)	$141,000	$152
3	48342	$130,000	$123

ZIP 48340 home prices: frequently asked

What is the average home price in ZIP code 48340? +

The typical home in ZIP 48340 (Pontiac, MI) is worth about $141,000 as of 2026. That is about the same as the Pontiac median of $141,000 and 52% more affordable than the U.S. median of $294,000.

What is the price per square foot in 48340? +

About $152 per square foot in 48340, versus $142 across Pontiac and $190 across Michigan. At that rate a 1,500 sq ft home runs roughly $228,000 and a 2,500 sq ft home about $380,000.

What salary do you need to buy a house in ZIP 48340? +

For the typical $141,000 home in ZIP 48340, a household income of about $38,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $46,000; with 5% down about $48,000.

Is 48340 an expensive ZIP code? +

Within Pontiac, 48340 ranks #2 of 3 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Pontiac. Nationally it is relatively affordable.

See the full Pontiac home values page, all Michigan cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.