Burt, MI—48417
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Burt, MI
As of Oct '25, the median home price in Burt, MI is $198,000, with a year-over-year change of 8.6%. This indicates that home prices in Burt, MI are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 8.6% |
| Single Family | $198,000 | 9.4% |
| 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 | $195,000 | 7.1% |
4 Bed | $256,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Burt, MI
Burt, 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 — Burt, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Burt, MI is 29. This is a increase of 23.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | -11.0% |
Listing Count | 3 | -55.0% |
| Listings as % of Homes | 0.4% | -55.0% |
Days on Market | 29 | 23.0% |
Demographics — Burt, MI
As of the latest ACS Survey released in 2023, Burt, MI has a population of 2,310, which has decreased by -11.5% over the past 5 years. Burt, MI is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 7.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,310 | -11.5% |
% Under 18 | 18.2% | -6.7% |
% Seniors | 24.9% | 35.3% |
% WFH | 5.3% | 20.5% |
% w/ College Degree | 7.2% | -47.1% |
As of the latest ACS Survey released in 2023, Burt, MI is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Burt, MI is hispanic, making up 6.6% of the population. Foreign-born residents account for 0.8% of the population in Burt, MI, and this percentage has increased by 60.0% 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 | 86.0% | -4.8% |
% Black | 0.4% | -63.6% |
% Hispanic | 6.6% | 3.1% |
% Asian | 1.2% | ∞% |
% Foreign Born | 0.8% | 60.0% |
Mortgage and Risk — Burt, MI
Burt, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Burt, MI
Burt, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Burt, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $198,000 |
| Median Household Income | $70,300 |