Swartz Creek, MI 48473 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Swartz Creek, MI—48473

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$239,000

4.9% YoY Growth

Household Income

$76,800

20.6% YoY Growth

Days on Market

9.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$1,600

4.7% YoY Growth

1-Bed Rent

$1,280

N/A

2-Bed Rent

$1,080

6.1% YoY Growth

3-Bed Rent

$1,600

8.9% YoY Growth

Home Price Trends — Swartz Creek, MI

As of Dec '25, the median home price in Swartz Creek, MI is $239,000, with a year-over-year change of 4.9%. This indicates that home prices in Swartz Creek, MI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$239,000	4.9%
Single Family	$240,000	5.3%
Condos	$232,000	3.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Swartz Creek, MI

As of July '25, Rentcast reports the average rent in Swartz Creek, MI is $1,610, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Swartz Creek, MI is 1-bedrooms: $1,280, 2-bedrooms: $1,080, 3-bedrooms: $1,590, 4-bedrooms: $2,100. The most common rental property sizes in Swartz Creek, MI are 2-bedroom and 3-bedroom, accounting for 42.4% and 29.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,610
Studio Rent	N/A	N/A
1 Bed Rent	$1,280	$1,280
2 Bed Rent	$1,080	$1,080
3 Bed Rent	$1,600	$1,590
4 Bed Rent	$1,810	$2,100

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% of Rental Stock

1 Bedroom

19.5%

2 Bedrooms

42.4%

3 Bedrooms

29.3%

4 Bedrooms

8.7%

Property Listings — Swartz Creek, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Swartz Creek, MI is 47. This is a increase of 30.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$270,000	1.0%
Listing Count	55	-8.0%
Listings as % of Homes	0.4%	-8.0%
Days on Market	42	9.0%

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Demographics — Swartz Creek, MI

As of the latest ACS Survey released in 2023, Swartz Creek, MI has a population of 22,800, which has increased by 3.3% over the past 5 years. Swartz Creek, MI is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	22,800	3.3%
% Under 18	19.2%	-13.5%
% Seniors	21.3%	8.1%
% WFH	11.2%	330.8%
% w/ College Degree	24.8%	16.4%

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As of the latest ACS Survey released in 2023, Swartz Creek, MI is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Swartz Creek, MI is hispanic, making up 2.7% of the population. Foreign-born residents account for 2.3% of the population in Swartz Creek, MI, and this percentage has decreased by 4.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	90.2%	-1.0%
% Black	2.2%	-45.0%
% Hispanic	2.7%	0.0%
% Asian	0.9%	350.0%
% Foreign Born	2.3%	-4.2%

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Mortgage and Risk — Swartz Creek, MI

According to HUD data as of 2023, there were 685 mortgage originations in Swartz Creek, MI, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Swartz Creek, 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	685
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Swartz Creek, MI

As of 2024, the percent of homes in Swartz Creek, MI under the Section 8 program is 12.7%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Swartz Creek, MI, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	188
Total Units Section 8	188
% Rentals under Section 8	12.7%
% Occupied Section 8	95.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$350	$1,280	$930
2 Bedroom	$60	$1,080	$1,140
3 Bedroom	-$190	$1,600	$1,410
4 Bedroom	-$190	$1,810	$1,620

Swartz Creek, MI—48473

Key Metrics at a Glance

Home Price Trends — Swartz Creek, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Swartz Creek, MI

% of Rental Stock

Property Listings — Swartz Creek, MI

Demographics — Swartz Creek, MI

Race and Ethnicity

Mortgage and Risk — Swartz Creek, MI

Mortgages

Rentals and Section 8 — Swartz Creek, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Swartz Creek, MI

Home Price to Income Ratio

Swartz Creek, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Flint, MI

Gaines, MI

Flint, MI

Lennon, MI

Linden, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$239,000
Median Household Income	$76,800

Swartz Creek, MI—48473

Key Metrics at a Glance

Home Price Trends — Swartz Creek, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Swartz Creek, MI

% of Rental Stock

Property Listings — Swartz Creek, MI

Demographics — Swartz Creek, MI

Race and Ethnicity

Mortgage and Risk — Swartz Creek, MI

Mortgages

Rentals and Section 8 — Swartz Creek, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Swartz Creek, MI

Home Price to Income Ratio

Swartz Creek, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Flint, MI

Gaines, MI

Flint, MI

Lennon, MI

Linden, MI

Frequently Asked Questions

What is the average home price in Swartz Creek, MI 48473?

How have home prices in Swartz Creek, MI 48473 changed over the past year?

What is the home price projection for Swartz Creek, MI 48473?

What are the demographics of Swartz Creek, MI 48473?

How long does it take homes to sell in Swartz Creek, MI 48473?

What is the average rent price in Swartz Creek, MI 48473?