Casco, MI—48064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Casco, MI
As of Oct '25, the median home price in Casco, MI is $367,000, with a year-over-year change of 4.5%. This indicates that home prices in Casco, MI are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $367,000 | 4.5% |
| Single Family | $367,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $362,000 | 2.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Casco, MI
Casco, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Casco, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Casco, MI is 35. This is a decrease of -33.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $414,000 | -14.0% |
Listing Count | 9 | 14.0% |
| Listings as % of Homes | 0.2% | 14.0% |
Days on Market | 35 | -33.0% |
Demographics — Casco, MI
As of the latest ACS Survey released in 2023, Casco, MI has a population of 4,000, which has decreased by -1.3% over the past 5 years. Casco, MI is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,000 | -1.3% |
% Under 18 | 25.6% | 15.3% |
% Seniors | 15.7% | -11.3% |
% WFH | 4.3% | 48.3% |
% w/ College Degree | 18.6% | -1.6% |
As of the latest ACS Survey released in 2023, Casco, MI is a predominantly white area, with 92.4% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Casco, MI is hispanic, making up 6.3% of the population. Foreign-born residents account for 3.9% of the population in Casco, MI, and this percentage has increased by 62.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.4% | -3.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.3% | 425.0% |
% Asian | 0.3% | -83.3% |
% Foreign Born | 3.9% | 62.5% |
Mortgage and Risk — Casco, MI
According to HUD data as of 2023, there were 88 mortgage originations in Casco, MI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Casco, MI. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Casco, MI
Casco, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Casco, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $367,000 |
| Median Household Income | $79,400 |