Williamston, MI—48895
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Williamston, MI
As of Oct '25, the median home price in Williamston, MI is $318,000, with a year-over-year change of 2.4%. This indicates that home prices in Williamston, MI are increasing. 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 | $318,000 | 2.4% |
| Single Family | $330,000 | 2.5% |
| Condos | $238,000 | 4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | 5.0% |
3 Bed | $301,000 | 2.7% |
4 Bed | $408,000 | 1.2% |
| 5 Bed | $520,000 | -0.2% |
% of Housing Stock
Rental Trends — Williamston, MI
As of July '25, Rentcast reports the average rent in Williamston, MI is $827, with a year-over-year rent change of -34.4%. Per bedroom, the median rent as of July '25 in Williamston, MI is studios: $805, 1-bedrooms: $849. The most common rental property sizes in Williamston, MI are 1-bedroom and 2-bedroom, accounting for 35.0% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $805 | $827 |
| Studio Rent | $805 | $805 |
| 1 Bed Rent | $849 | $849 |
| 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 — Williamston, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Williamston, MI is 49. This is a increase of 3.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $442,000 | 24.0% |
Listing Count | 33 | -8.0% |
| Listings as % of Homes | 0.4% | -8.0% |
Days on Market | 49 | 3.0% |
Demographics — Williamston, MI
As of the latest ACS Survey released in 2023, Williamston, MI has a population of 11,300, which has decreased by -1.1% over the past 5 years. Williamston, MI is a moderately popular place for families, as children make up 22.6% of the population. The area has a highly educated workforce, with 50.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,300 | -1.1% |
% Under 18 | 22.6% | 6.1% |
% Seniors | 23.3% | 42.1% |
% WFH | 15.9% | 156.5% |
% w/ College Degree | 50.1% | 5.9% |
As of the latest ACS Survey released in 2023, Williamston, MI is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Williamston, MI is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.9% of the population in Williamston, MI, and this percentage has decreased by 62.5% 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 | 93.0% | -0.6% |
% Black | 0.3% | -62.5% |
% Hispanic | 2.7% | -22.9% |
% Asian | 0.3% | -62.5% |
% Foreign Born | 0.9% | -62.5% |
Mortgage and Risk — Williamston, MI
According to HUD data as of 2023, there were 215 mortgage originations in Williamston, MI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Williamston, MI. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 215 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Williamston, MI
Williamston, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $41 | $849 | $890 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Williamston, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $318,000 |
| Median Household Income | $101,000 |