Vestaburg, MI—48891
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vestaburg, MI
As of Oct '25, the median home price in Vestaburg, MI is $190,000, with a year-over-year change of 3.1%. This indicates that home prices in Vestaburg, MI are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 3.1% |
| Single Family | $190,000 | 3.3% |
| 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 | $197,000 | 4.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Vestaburg, MI
Vestaburg, 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 — Vestaburg, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Vestaburg, MI is 55. This is a increase of 6.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 31.0% |
Listing Count | 11 | -18.0% |
| Listings as % of Homes | 0.5% | -18.0% |
Days on Market | 55 | 6.0% |
Demographics — Vestaburg, MI
As of the latest ACS Survey released in 2023, Vestaburg, MI has a population of 2,920, which has increased by 6.3% over the past 5 years. Vestaburg, MI is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,920 | 6.3% |
% Under 18 | 24.0% | 35.6% |
% Seniors | 17.0% | -25.1% |
% WFH | 5.0% | -53.7% |
% w/ College Degree | 14.4% | -3.4% |
As of the latest ACS Survey released in 2023, Vestaburg, MI is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Vestaburg, MI is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.6% of the population in Vestaburg, MI, and this percentage has increased by 220.0% 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 | 95.1% | -0.1% |
% Black | 1.4% | 1,300.0% |
% Hispanic | 1.8% | -37.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.6% | 220.0% |
Mortgage and Risk — Vestaburg, MI
According to HUD data as of 2023, there were 63 mortgage originations in Vestaburg, MI, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Vestaburg, MI. Investor activity is low, as 3.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Vestaburg, MI
Vestaburg, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Vestaburg, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $190,000 |
| Median Household Income | $53,700 |