Saline, MI 48176 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Saline, MI—48176

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$474,000

1.8% YoY Growth

Household Income

$111,000

7.9% YoY Growth

Days on Market

2.0% Longer YoY

Home Price Forecast

-0.8%

Median Rent

$2,800

8.9% YoY Growth

1-Bed Rent

$1,170

10.4% YoY Growth

2-Bed Rent

$1,750

0.5% YoY Growth

3-Bed Rent

$2,800

27.4% YoY Growth

Home Price Trends — Saline, MI

As of May '26, the median home price in Saline, MI is $474,000, with a year-over-year change of 1.8%. This indicates that home prices in Saline, 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	$474,000	1.8%
Single Family	$502,000	2.0%
Condos	$368,000	2.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Saline, MI

As of July '25, Rentcast reports the average rent in Saline, MI is $2,680, with a year-over-year rent change of 8.9%. Per bedroom, the median rent as of July '25 in Saline, MI is 1-bedrooms: $1,170, 2-bedrooms: $1,860, 3-bedrooms: $3,160, 4-bedrooms: $2,920. The most common rental property sizes in Saline, MI are 2-bedroom and 1-bedroom, accounting for 39.6% and 37.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,800	$2,680
Studio Rent	N/A	N/A
1 Bed Rent	$1,170	$1,170
2 Bed Rent	$1,750	$1,860
3 Bed Rent	$2,800	$3,160
4 Bed Rent	$2,800	$2,920

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% of Rental Stock

Studio

1.4%

1 Bedroom

37.7%

2 Bedrooms

39.6%

3 Bedrooms

15.5%

4 Bedrooms

2.0%

5+ Bedrooms

3.9%

Property Listings — Saline, MI

As of May '26, Realtor.com reports that the median days on market for a home in Saline, MI is 40. This is a increase of 2.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$597,000	3.0%
Listing Count	140	-14.0%
Listings as % of Homes	1.1%	-14.0%
Days on Market	40	2.0%

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Demographics — Saline, MI

As of the latest ACS Survey released in 2023, Saline, MI has a population of 23,300, which has decreased by -1.8% over the past 5 years. Saline, MI is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 58.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,300	-1.8%
% Under 18	21.9%	-9.1%
% Seniors	22.2%	44.2%
% WFH	20.7%	245.0%
% w/ College Degree	58.4%	1.9%

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As of the latest ACS Survey released in 2023, Saline, MI is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Saline, MI is hispanic, making up 5.3% of the population. Foreign-born residents account for 7.9% of the population in Saline, MI, and this percentage has increased by 9.7% 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	84.9%	-2.7%
% Black	1.6%	14.3%
% Hispanic	5.3%	35.9%
% Asian	3.4%	6.2%
% Foreign Born	7.9%	9.7%

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Mortgage and Risk — Saline, MI

According to HUD data as of 2023, there were 585 mortgage originations in Saline, MI, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Saline, MI. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	585
% Conventional Loans	96.0%
% Government Loans	4.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Saline, MI

As of 2024, the percent of homes in Saline, MI under the Section 8 program is 4.3%. 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 Saline, 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	59
Total Units Section 8	59
% Rentals under Section 8	4.3%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$50	$1,170	$1,120
2 Bedroom	-$420	$1,750	$1,330
3 Bedroom	-$1,190	$2,800	$1,610
4 Bedroom	-$990	$2,800	$1,810

Saline, MI—48176

Key Metrics at a Glance

Home Price Trends — Saline, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saline, MI

% of Rental Stock

Property Listings — Saline, MI

Demographics — Saline, MI

Race and Ethnicity

Mortgage and Risk — Saline, MI

Mortgages

Rentals and Section 8 — Saline, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Saline, MI

Home Price to Income Ratio

Saline, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Ann Arbor, MI

Ann Arbor, MI

Ann Arbor, MI

Milan, MI

Clinton, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$474,000
Median Household Income	$111,000

Saline, MI—48176

Key Metrics at a Glance

Home Price Trends — Saline, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saline, MI

% of Rental Stock

Property Listings — Saline, MI

Demographics — Saline, MI

Race and Ethnicity

Mortgage and Risk — Saline, MI

Mortgages

Rentals and Section 8 — Saline, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Saline, MI

Home Price to Income Ratio

Saline, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Ann Arbor, MI

Ann Arbor, MI

Ann Arbor, MI

Milan, MI

Clinton, MI

Frequently Asked Questions

What is the average home price in Saline, MI 48176?

How have home prices in Saline, MI 48176 changed over the past year?

What is the home price projection for Saline, MI 48176?

What are the demographics of Saline, MI 48176?

How long does it take homes to sell in Saline, MI 48176?

What is the average rent price in Saline, MI 48176?