Ecorse, MI—48229
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ecorse, MI
As of Oct '25, the median home price in Ecorse, MI is $78,000, with a year-over-year change of 1.3%. This indicates that home prices in Ecorse, MI are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $78,000 | 1.3% |
| Single Family | $78,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $67,000 | 0.0% |
3 Bed | $91,000 | 1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ecorse, MI
As of July '25, Rentcast reports the average rent in Ecorse, MI is $1,180, with a year-over-year rent change of 20.5%. Per bedroom, the median rent as of July '25 in Ecorse, MI is 1-bedrooms: $775, 2-bedrooms: $981, 3-bedrooms: $1,330, 4-bedrooms: $1,260. The most common rental property sizes in Ecorse, MI are 2-bedroom and 3-bedroom, accounting for 38.0% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $775 |
| 2 Bed Rent | $925 | $981 |
| 3 Bed Rent | $1,280 | $1,330 |
| 4 Bed Rent | $1,260 | $1,260 |
% of Rental Stock
Property Listings — Ecorse, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Ecorse, MI is 44. 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 49.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $99,900 | 32.0% |
Listing Count | 37 | 34.0% |
| Listings as % of Homes | 0.5% | 34.0% |
Days on Market | 44 | 19.0% |
Demographics — Ecorse, MI
As of the latest ACS Survey released in 2023, Ecorse, MI has a population of 9,170, which has decreased by -2.2% over the past 5 years. Ecorse, MI is a popular place for families, as children make up 26.1% of the population. The area has a poorly educated workforce, with 8.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,170 | -2.2% |
% Under 18 | 26.1% | 8.3% |
% Seniors | 17.1% | 3.0% |
% WFH | 12.0% | 990.9% |
% w/ College Degree | 8.8% | -3.3% |
As of the latest ACS Survey released in 2023, Ecorse, MI is a predominantly black area, with 44.9% of the population identifying as black. The black population has grown by 4.7% in the last 5 years. The second most common race or ethnicity in Ecorse, MI is white, making up 25.5% of the population. Foreign-born residents account for 3.8% of the population in Ecorse, MI, and this percentage has increased by 46.2% 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 | 25.5% | -13.6% |
% Black | 44.9% | 4.7% |
% Hispanic | 20.5% | 6.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.8% | 46.2% |
Mortgage and Risk — Ecorse, MI
According to HUD data as of 2023, there were 63 mortgage originations in Ecorse, MI, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Ecorse, MI. Investor activity is low, as 8.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Ecorse, MI
As of 2024, the percent of homes in Ecorse, MI under the Section 8 program is 38.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ecorse, 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 | 568 |
Total Units Section 8 | 465 |
% Rentals under Section 8 | 38.3% |
% Occupied Section 8 | 82.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $800 | $920 |
| 2 Bedroom | $245 | $925 | $1,170 |
| 3 Bedroom | $160 | $1,280 | $1,440 |
| 4 Bedroom | $290 | $1,260 | $1,550 |
Affordability — Ecorse, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $78,000 |
| Median Household Income | $45,100 |