Pewamo, MI—48873
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pewamo, MI
As of Oct '25, the median home price in Pewamo, MI is $262,000, with a year-over-year change of 6.7%. This indicates that home prices in Pewamo, MI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $262,000 | 6.7% |
| Single Family | $260,000 | 7.4% |
| 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 | $273,000 | 6.6% |
4 Bed | $332,000 | 6.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pewamo, MI
As of July '25, Rentcast reports the average rent in Pewamo, MI is $800, with a year-over-year rent change of -44.8%. Per bedroom, the median rent as of July '25 in Pewamo, MI is 1-bedrooms: $800. The most common rental property sizes in Pewamo, MI are 3-bedroom and 1-bedroom, accounting for 56.7% and 20.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 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 — Pewamo, MI
Pewamo, MI lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.2% | N/A |
Days on Market | N/A | N/A |
Demographics — Pewamo, MI
As of the latest ACS Survey released in 2023, Pewamo, MI has a population of 1,370, which has decreased by -2.4% over the past 5 years. Pewamo, MI is a popular place for families, as children make up 31.6% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,370 | -2.4% |
% Under 18 | 31.6% | 6.8% |
% Seniors | 15.3% | 86.6% |
% WFH | 10.6% | 562.5% |
% w/ College Degree | 29.3% | 53.4% |
As of the latest ACS Survey released in 2023, Pewamo, MI is a predominantly white area, with 98.1% 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 Pewamo, MI is asian, making up 0.4% of the population. Foreign-born residents account for 1.1% of the population in Pewamo, MI, and this percentage has increased by 37.5% 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 | 98.1% | -1.0% |
% Black | 0.0% | N/A |
% Hispanic | 0.4% | -50.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 1.1% | 37.5% |
Mortgage and Risk — Pewamo, MI
Pewamo, 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 — Pewamo, MI
Pewamo, 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 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $800 | $800 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Pewamo, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $262,000 |
| Median Household Income | $86,200 |