Rhodes, MI—48652
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rhodes, MI
As of Oct '25, the median home price in Rhodes, MI is $202,000, with a year-over-year change of 1.6%. This indicates that home prices in Rhodes, MI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | 1.6% |
| Single Family | $202,000 | 2.5% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rhodes, MI
Rhodes, 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 — Rhodes, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Rhodes, MI is 38. This is a decrease of -74.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -15.0% |
Listing Count | 6 | 171.0% |
| Listings as % of Homes | 0.4% | 171.0% |
Days on Market | 38 | -74.0% |
Demographics — Rhodes, MI
As of the latest ACS Survey released in 2023, Rhodes, MI has a population of 1,880, which has increased by 8.1% over the past 5 years. Rhodes, MI is a moderately popular place for families, as children make up 16.2% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,880 | 8.1% |
% Under 18 | 16.2% | -33.1% |
% Seniors | 19.7% | 13.9% |
% WFH | 8.4% | 95.3% |
% w/ College Degree | 11.3% | 41.3% |
As of the latest ACS Survey released in 2023, Rhodes, MI is a predominantly white area, with 93.3% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Rhodes, MI is hispanic, making up 3.0% of the population. Foreign-born residents account for 0.4% of the population in Rhodes, MI, and this percentage has increased by 300.0% 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 | 93.3% | 1.9% |
% Black | 0.1% | ∞% |
% Hispanic | 3.0% | 100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | 300.0% |
Mortgage and Risk — Rhodes, MI
Rhodes, 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 — Rhodes, MI
Rhodes, 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 | $970 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | N/A | N/A | $1,720 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Rhodes, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $202,000 |
| Median Household Income | $69,800 |