Laingsburg, MI—48848
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laingsburg, MI
As of Oct '25, the median home price in Laingsburg, MI is $292,000, with a year-over-year change of 1.6%. This indicates that home prices in Laingsburg, MI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $292,000 | 1.6% |
| Single Family | $292,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $226,000 | 2.3% |
3 Bed | $286,000 | 2.5% |
4 Bed | $368,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laingsburg, MI
As of July '25, Rentcast reports the average rent in Laingsburg, MI is $1,310, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Laingsburg, MI is 3-bedrooms: $1,310. The most common rental property sizes in Laingsburg, MI are 3-bedroom and 2-bedroom, accounting for 39.5% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,310 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $995 | $1,310 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Laingsburg, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Laingsburg, MI is 22. This is a increase of 8.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $391,000 | 14.0% |
Listing Count | 20 | -21.0% |
| Listings as % of Homes | 0.5% | -21.0% |
Days on Market | 22 | 8.0% |
Demographics — Laingsburg, MI
As of the latest ACS Survey released in 2023, Laingsburg, MI has a population of 7,800, which has increased by 2.9% over the past 5 years. Laingsburg, MI is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,800 | 2.9% |
% Under 18 | 25.0% | 12.1% |
% Seniors | 18.1% | 4.6% |
% WFH | 10.1% | 50.7% |
% w/ College Degree | 35.1% | 19.4% |
As of the latest ACS Survey released in 2023, Laingsburg, MI is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Laingsburg, MI is hispanic, making up 2.1% of the population. Foreign-born residents account for 1.2% of the population in Laingsburg, MI, and this percentage has increased by 100.0% 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 | 94.1% | -3.1% |
% Black | 1.0% | 66.7% |
% Hispanic | 2.1% | 90.9% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 1.2% | 100.0% |
Mortgage and Risk — Laingsburg, MI
According to HUD data as of 2023, there were 264 mortgage originations in Laingsburg, MI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Laingsburg, MI. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 264 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Laingsburg, MI
Laingsburg, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $800 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | $295 | $995 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Laingsburg, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $292,000 |
| Median Household Income | $92,900 |