Munger, MI—48747
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Munger, MI
As of Oct '25, the median home price in Munger, MI is $204,000, with a year-over-year change of 3.6%. This indicates that home prices in Munger, MI are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | 3.6% |
| Single Family | $203,000 | 3.0% |
| 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 | $201,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Munger, MI
Munger, 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 — Munger, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Munger, MI is 23. This is a decrease of -20.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $284,000 | -21.0% |
Listing Count | 3 | -9.0% |
| Listings as % of Homes | 0.5% | -9.0% |
Days on Market | 23 | -20.0% |
Demographics — Munger, MI
As of the latest ACS Survey released in 2023, Munger, MI has a population of 1,490, which has increased by 10.4% over the past 5 years. Munger, MI is a moderately popular place for families, as children make up 17.0% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,490 | 10.4% |
% Under 18 | 17.0% | -1.7% |
% Seniors | 24.1% | 11.1% |
% WFH | 6.1% | ∞% |
% w/ College Degree | 21.5% | 22.9% |
As of the latest ACS Survey released in 2023, Munger, MI is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Munger, MI is hispanic, making up 3.8% of the population. Foreign-born residents account for 1.0% of the population in Munger, MI, and this percentage has decreased by 23.1% 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 | 91.5% | -5.3% |
% Black | 0.3% | 200.0% |
% Hispanic | 3.8% | 100.0% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 1.0% | -23.1% |
Mortgage and Risk — Munger, MI
Munger, 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 — Munger, MI
Munger, 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 | $730 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Munger, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $204,000 |
| Median Household Income | $78,800 |