Brighton, MI—48114
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Brighton, MI
Home Price Trends — Brighton, MI
As of Oct '25, the median home price in Brighton, MI is $465,000, with a year-over-year change of 5.3%. This indicates that home prices in Brighton, MI are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $465,000 | 5.3% |
| Single Family | $458,000 | 5.0% |
| Condos | $536,000 | 2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $329,000 | 5.8% |
3 Bed | $416,000 | 4.8% |
4 Bed | $533,000 | 4.1% |
| 5 Bed | $639,000 | 3.6% |
% of Housing Stock
Rental Trends — Brighton, MI
As of July '25, Rentcast reports the average rent in Brighton, MI is $2,700, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Brighton, MI is 2-bedrooms: $2,300, 3-bedrooms: $2,160, 4-bedrooms: $5,250. The most common rental property sizes in Brighton, MI are 2-bedroom and 3-bedroom, accounting for 39.4% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,300 | $2,300 |
| 3 Bed Rent | $1,800 | $2,160 |
| 4 Bed Rent | $5,250 | $5,250 |
% of Rental Stock
Property Listings — Brighton, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Brighton, MI is 66. This is a increase of 21.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $582,000 | 10.0% |
Listing Count | 63 | -31.0% |
| Listings as % of Homes | 0.4% | -31.0% |
Days on Market | 66 | 21.0% |
Demographics — Brighton, MI
As of the latest ACS Survey released in 2023, Brighton, MI has a population of 21,500, which has increased by 3.5% over the past 5 years. Brighton, MI is a moderately popular place for families, as children make up 21.0% of the population. The area has a highly educated workforce, with 47.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,500 | 3.5% |
% Under 18 | 21.0% | -6.7% |
% Seniors | 20.5% | 19.2% |
% WFH | 14.6% | 239.5% |
% w/ College Degree | 47.2% | 4.4% |
As of the latest ACS Survey released in 2023, Brighton, MI is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Brighton, MI is hispanic, making up 2.7% of the population. Foreign-born residents account for 3.9% of the population in Brighton, MI, and this percentage has increased by 21.9% 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 | 91.9% | -3.5% |
% Black | 0.9% | -10.0% |
% Hispanic | 2.7% | 28.6% |
% Asian | 1.5% | 200.0% |
% Foreign Born | 3.9% | 21.9% |
Mortgage and Risk — Brighton, MI
According to HUD data as of 2023, there were 468 mortgage originations in Brighton, MI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Brighton, MI. Investor activity is low, as 0.0% 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 | 468 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Brighton, MI
Brighton, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | -$770 | $2,300 | $1,530 |
| 3 Bedroom | $340 | $1,800 | $2,140 |
| 4 Bedroom | -$2,850 | $5,250 | $2,400 |
Affordability — Brighton, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $465,000 |
| Median Household Income | $119,000 |