Auburn, MI—48611
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Auburn, MI
As of Oct '25, the median home price in Auburn, MI is $221,000, with a year-over-year change of 5.3%. This indicates that home prices in Auburn, MI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 5.3% |
| Single Family | $223,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $165,000 | 5.8% |
3 Bed | $227,000 | 5.1% |
4 Bed | $294,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Auburn, MI
Auburn, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Auburn, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Auburn, MI is 43. This is a decrease of -23.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $266,000 | -19.0% |
Listing Count | 24 | 21.0% |
| Listings as % of Homes | 0.3% | 21.0% |
Days on Market | 43 | -23.0% |
Demographics — Auburn, MI
As of the latest ACS Survey released in 2023, Auburn, MI has a population of 6,010, which has decreased by -9.5% over the past 5 years. Auburn, MI is a moderately popular place for families, as children make up 19.1% of the population. The area has a moderately educated workforce, with 35.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,010 | -9.5% |
% Under 18 | 19.1% | -25.1% |
% Seniors | 23.4% | 62.5% |
% WFH | 10.4% | 258.6% |
% w/ College Degree | 35.4% | 34.6% |
As of the latest ACS Survey released in 2023, Auburn, MI is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Auburn, MI is black, making up 2.3% of the population. Foreign-born residents account for 1.4% of the population in Auburn, MI, and this percentage has decreased by 6.7% 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 | 92.8% | -1.5% |
% Black | 2.3% | ∞% |
% Hispanic | 1.4% | -71.4% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 1.4% | -6.7% |
Mortgage and Risk — Auburn, MI
According to HUD data as of 2023, there were 126 mortgage originations in Auburn, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Auburn, MI. Investor activity is low, as 0.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 126 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Auburn, MI
Auburn, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | -$290 | $1,250 | $960 |
| 3 Bedroom | -$20 | $1,300 | $1,280 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Auburn, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $221,000 |
| Median Household Income | $80,500 |