Pinckney, MI—48169
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pinckney, MI
As of Oct '25, the median home price in Pinckney, MI is $388,000, with a year-over-year change of 5.5%. This indicates that home prices in Pinckney, MI are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $388,000 | 5.5% |
| Single Family | $391,000 | 5.1% |
| Condos | $371,000 | 8.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $288,000 | 2.9% |
2 Bed | $323,000 | 7.3% |
3 Bed | $380,000 | 5.6% |
4 Bed | $468,000 | 4.2% |
| 5 Bed | $549,000 | 4.2% |
% of Housing Stock
Rental Trends — Pinckney, MI
As of July '25, Rentcast reports the average rent in Pinckney, MI is $2,070, with a year-over-year rent change of -13.7%. Per bedroom, the median rent as of July '25 in Pinckney, MI is 1-bedrooms: $1,000, 2-bedrooms: $1,680, 3-bedrooms: $2,290, 4-bedrooms: $2,350. The most common rental property sizes in Pinckney, MI are 2-bedroom and 3-bedroom, accounting for 40.1% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | $1,400 | $1,680 |
| 3 Bed Rent | $2,000 | $2,290 |
| 4 Bed Rent | $2,100 | $2,350 |
% of Rental Stock
Property Listings — Pinckney, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Pinckney, MI is 44. This is a decrease of -8.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $509,000 | -3.0% |
Listing Count | 65 | -5.0% |
| Listings as % of Homes | 0.4% | -5.0% |
Days on Market | 44 | -8.0% |
Demographics — Pinckney, MI
As of the latest ACS Survey released in 2023, Pinckney, MI has a population of 21,100, which has remained stable by -0.2% over the past 5 years. Pinckney, MI is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 38.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | -0.2% |
% Under 18 | 19.8% | 5.3% |
% Seniors | 22.2% | 29.8% |
% WFH | 15.1% | 174.5% |
% w/ College Degree | 38.6% | 19.5% |
As of the latest ACS Survey released in 2023, Pinckney, MI is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Pinckney, MI is hispanic, making up 2.8% of the population. Foreign-born residents account for 2.1% of the population in Pinckney, MI, and this percentage has increased by 16.7% 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 | 93.5% | -2.4% |
% Black | 0.1% | -75.0% |
% Hispanic | 2.8% | 75.0% |
% Asian | 0.9% | -10.0% |
% Foreign Born | 2.1% | 16.7% |
Mortgage and Risk — Pinckney, MI
According to HUD data as of 2023, there were 498 mortgage originations in Pinckney, MI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Pinckney, MI. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 498 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pinckney, MI
As of 2024, the percent of homes in Pinckney, MI under the Section 8 program is 0.7%. 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 Pinckney, MI, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,000 | $1,290 |
| 2 Bedroom | $100 | $1,400 | $1,500 |
| 3 Bedroom | $90 | $2,000 | $2,090 |
| 4 Bedroom | $240 | $2,100 | $2,340 |
Affordability — Pinckney, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $388,000 |
| Median Household Income | $109,000 |