Brighton, MI—48116
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 $402,000, with a year-over-year change of 4.7%. This indicates that home prices in Brighton, MI are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $402,000 | 4.7% |
| Single Family | $410,000 | 4.6% |
| Condos | $379,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $163,000 | 5.2% |
2 Bed | $304,000 | 5.6% |
3 Bed | $382,000 | 4.7% |
4 Bed | $515,000 | 3.6% |
| 5 Bed | $696,000 | 3.9% |
% of Housing Stock
Rental Trends — Brighton, MI
As of July '25, Rentcast reports the average rent in Brighton, MI is $2,120, with a year-over-year rent change of -10.5%. Per bedroom, the median rent as of July '25 in Brighton, MI is studios: $1,250, 1-bedrooms: $1,130, 2-bedrooms: $1,900, 3-bedrooms: $2,680, 4-bedrooms: $2,650. The most common rental property sizes in Brighton, MI are 2-bedroom and 1-bedroom, accounting for 44.0% and 36.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,120 |
| Studio Rent | $1,240 | $1,250 |
| 1 Bed Rent | $1,200 | $1,130 |
| 2 Bed Rent | $1,350 | $1,900 |
| 3 Bed Rent | $2,700 | $2,680 |
| 4 Bed Rent | $2,650 | $2,650 |
% 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 42. This is a increase of 19.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $405,000 | -5.0% |
Listing Count | 100 | -7.0% |
| Listings as % of Homes | 0.5% | -7.0% |
Days on Market | 42 | 19.0% |
Demographics — Brighton, MI
As of the latest ACS Survey released in 2023, Brighton, MI has a population of 27,800, which has increased by 1.7% over the past 5 years. Brighton, MI is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 51.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,800 | 1.7% |
% Under 18 | 19.7% | -2.5% |
% Seniors | 20.3% | 14.7% |
% WFH | 18.0% | 252.9% |
% w/ College Degree | 51.0% | 13.1% |
As of the latest ACS Survey released in 2023, Brighton, MI is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Brighton, MI is hispanic, making up 2.5% of the population. Foreign-born residents account for 3.9% of the population in Brighton, MI, and this percentage has increased by 11.4% 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 | 92.7% | -2.0% |
% Black | 0.5% | 25.0% |
% Hispanic | 2.5% | -19.4% |
% Asian | 1.0% | -9.1% |
% Foreign Born | 3.9% | 11.4% |
Mortgage and Risk — Brighton, MI
According to HUD data as of 2023, there were 737 mortgage originations in Brighton, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Brighton, MI. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 737 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Brighton, MI
As of 2024, the percent of homes in Brighton, MI under the Section 8 program is 5.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Brighton, MI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 98 |
Total Units Section 8 | 98 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 94.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,200 | $1,150 |
| 2 Bedroom | -$10 | $1,350 | $1,340 |
| 3 Bedroom | -$830 | $2,700 | $1,870 |
| 4 Bedroom | -$550 | $2,650 | $2,100 |
Affordability — Brighton, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $402,000 |
| Median Household Income | $110,000 |