Brown City, MI—48416
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brown City, MI
Brown City, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 1.7% |
| Single Family | $220,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $235,000 | 0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brown City, MI
Brown City, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Brown City, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Brown City, MI is 75. This is a increase of 22.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $310,000 | 44.0% |
Listing Count | 22 | 43.0% |
| Listings as % of Homes | 0.5% | 43.0% |
Days on Market | 75 | 22.0% |
Demographics — Brown City, MI
As of the latest ACS Survey released in 2023, Brown City, MI has a population of 5,220, which has increased by 3.3% over the past 5 years. Brown City, MI is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,220 | 3.3% |
% Under 18 | 26.2% | -7.7% |
% Seniors | 17.8% | 13.4% |
% WFH | 4.5% | -29.7% |
% w/ College Degree | 12.8% | 50.6% |
As of the latest ACS Survey released in 2023, Brown City, MI is a predominantly white area, with 93.2% 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 Brown City, MI is hispanic, making up 3.6% of the population. Foreign-born residents account for 1.8% of the population in Brown City, MI, and this percentage has increased by 28.6% 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 | 93.2% | -2.7% |
% Black | 0.2% | 0.0% |
% Hispanic | 3.6% | 38.5% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 1.8% | 28.6% |
Mortgage and Risk — Brown City, MI
According to HUD data as of 2023, there were 43 mortgage originations in Brown City, MI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Brown City, MI. Investor activity is low, as 7.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Brown City, MI
Brown City, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Brown City, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $221,000 |
| Median Household Income | $68,600 |