Potterville, MI—48876
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Potterville, MI
As of Oct '25, the median home price in Potterville, MI is $216,000, with a year-over-year change of -2.7%. This indicates that home prices in Potterville, MI are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | -2.7% |
| Single Family | $217,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $169,000 | -1.7% |
3 Bed | $212,000 | -2.3% |
4 Bed | $283,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Potterville, MI
Potterville, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,360 | $1,360 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,360 | $1,360 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Potterville, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Potterville, MI is 22. This is a decrease of -6.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $347,000 | 10.0% |
Listing Count | 11 | 24.0% |
| Listings as % of Homes | 0.5% | 24.0% |
Days on Market | 22 | -6.0% |
Demographics — Potterville, MI
As of the latest ACS Survey released in 2023, Potterville, MI has a population of 4,300, which has increased by 5.4% over the past 5 years. Potterville, MI is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,300 | 5.4% |
% Under 18 | 24.7% | 8.8% |
% Seniors | 11.4% | -5.0% |
% WFH | 8.1% | 58.8% |
% w/ College Degree | 22.8% | 8.6% |
As of the latest ACS Survey released in 2023, Potterville, MI is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Potterville, MI is hispanic, making up 10.3% of the population. Foreign-born residents account for 0.9% of the population in Potterville, MI, and this percentage has increased by 28.6% 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 | 83.5% | -4.9% |
% Black | 0.5% | -77.3% |
% Hispanic | 10.3% | 39.2% |
% Asian | 1.6% | ∞% |
% Foreign Born | 0.9% | 28.6% |
Mortgage and Risk — Potterville, MI
According to HUD data as of 2023, there were 71 mortgage originations in Potterville, MI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Potterville, MI. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Potterville, MI
Potterville, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | -$20 | $1,360 | $1,340 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Potterville, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $216,000 |
| Median Household Income | $72,900 |