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La Salle, MI—48145

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$263,000
6.8% YoY Growth
Household Income
$80,400
9.4% YoY Growth
Days on Market
47
33.0% Shorter YoY
Home Price Forecast
2.1%
Median Rent
$650
47.6% YoY Growth
1-Bed Rent
$650
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — La Salle, MI

As of Dec '25, the median home price in La Salle, MI is $263,000, with a year-over-year change of 6.8%. This indicates that home prices in La Salle, MI are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$263,0006.8%
Single Family $263,0006.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$193,0008.4%
    3 Bed
    		$257,0005.8%
    4 Bed
    		$337,0006.3%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    2.9%
    2 Bedrooms
    15.9%
    3 Bedrooms
    60.3%
    4 Bedrooms
    15.9%
    5+ Bedrooms
    5.1%

    Rental Trends — La Salle, MI

    As of July '25, Rentcast reports the average rent in La Salle, MI is $650, with a year-over-year rent change of -47.6%. Per bedroom, the median rent as of July '25 in La Salle, MI is 1-bedrooms: $650. The most common rental property sizes in La Salle, MI are 3-bedroom and 2-bedroom, accounting for 56.1% and 27.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$650$650
    Studio Rent N/AN/A
    1 Bed Rent $650$650
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    12.7%
    2 Bedrooms
    27.6%
    3 Bedrooms
    56.1%
    4 Bedrooms
    3.5%

    Property Listings — La Salle, MI

    As of Dec '25, Realtor.com reports that the median days on market for a home in La Salle, MI is 31. This is a decrease of -19.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$391,00027.0%
    Listing Count
    		6-33.0%
    Listings as % of Homes0.5%-33.0%
    Days on Market
    		47-33.0%
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    Demographics — La Salle, MI

    As of the latest ACS Survey released in 2023, La Salle, MI has a population of 2,920, which has decreased by -15.9% over the past 5 years. La Salle, MI is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,920-15.9%
    % Under 18
    		20.0%-7.4%
    % Seniors
    		21.9%11.2%
    % WFH
    		4.5%-28.6%
    % w/ College Degree
    		22.7%29.0%
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    As of the latest ACS Survey released in 2023, La Salle, MI is a predominantly white area, with 92.5% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in La Salle, MI is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.4% of the population in La Salle, MI, and this percentage has increased by 40.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		92.5%-1.3%
    % Black
    		0.0%-100.0%
    % Hispanic
    		2.5%-52.8%
    % Asian
    		0.3%200.0%
    % Foreign Born
    		1.4%40.0%
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    Mortgage and Risk — La Salle, MI

    According to HUD data as of 2023, there were 118 mortgage originations in La Salle, MI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in La Salle, MI. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		118
    % Conventional Loans
    		81.0%
    % Government Loans
    		19.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		15.0%
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    Rentals and Section 8 — La Salle, MI

    La Salle, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		2
    Total Units Section 8
    		2
    % Rentals under Section 8
    		0.9%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$410$650$1,060
    2 BedroomN/AN/A$1,390
    3 BedroomN/AN/A$1,730
    4 BedroomN/AN/A$2,210

    Affordability — La Salle, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$263,000
    Median Household Income$80,400

    La Salle, MI — ZIP Code Boundary Map

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    Frequently Asked Questions