Vienna, MI—48420
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vienna, MI
As of Oct '25, the median home price in Vienna, MI is $210,000, with a year-over-year change of 4.9%. This indicates that home prices in Vienna, MI are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 4.9% |
| Single Family | $209,000 | 5.6% |
| Condos | $232,000 | 7.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $180,000 | 5.9% |
3 Bed | $215,000 | 5.9% |
4 Bed | $256,000 | 5.3% |
| 5 Bed | $301,000 | 6.7% |
% of Housing Stock
Rental Trends — Vienna, MI
As of July '25, Rentcast reports the average rent in Vienna, MI is $1,080, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Vienna, MI is 1-bedrooms: $808, 2-bedrooms: $991, 3-bedrooms: $1,950. The most common rental property sizes in Vienna, MI are 2-bedroom and 3-bedroom, accounting for 38.6% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $939 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $808 |
| 2 Bed Rent | $939 | $991 |
| 3 Bed Rent | $1,950 | $1,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Vienna, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Vienna, MI is 44. This is a decrease of -10.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 1.0% |
Listing Count | 70 | -15.0% |
| Listings as % of Homes | 0.5% | -15.0% |
Days on Market | 44 | -10.0% |
Demographics — Vienna, MI
As of the latest ACS Survey released in 2023, Vienna, MI has a population of 21,200, which has decreased by -1.8% over the past 5 years. Vienna, MI is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,200 | -1.8% |
% Under 18 | 20.4% | 7.9% |
% Seniors | 21.7% | 6.4% |
% WFH | 5.9% | 103.4% |
% w/ College Degree | 17.6% | 26.6% |
As of the latest ACS Survey released in 2023, Vienna, MI is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Vienna, MI is hispanic, making up 4.2% of the population. Foreign-born residents account for 2.1% of the population in Vienna, MI, and this percentage has increased by 90.9% 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 | 89.5% | -3.8% |
% Black | 2.9% | 123.1% |
% Hispanic | 4.2% | 44.8% |
% Asian | 0.6% | 200.0% |
% Foreign Born | 2.1% | 90.9% |
Mortgage and Risk — Vienna, MI
According to HUD data as of 2023, there were 405 mortgage originations in Vienna, MI, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Vienna, MI. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 405 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Vienna, MI
Vienna, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $800 | $770 |
| 2 Bedroom | $21 | $939 | $960 |
| 3 Bedroom | -$760 | $1,950 | $1,190 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Vienna, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $210,000 |
| Median Household Income | $63,400 |