Athens, MI 49011 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Athens, MI—49011

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$198,000

0.9% YoY Growth

Household Income

$54,900

3.7% YoY Growth

Days on Market

20.0% Shorter YoY

Home Price Forecast

3.2%

Median Rent

$850

5.4% YoY Growth

1-Bed Rent

$765

2.0% YoY Growth

2-Bed Rent

$850

8.9% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Athens, MI

As of Dec '25, the median home price in Athens, MI is $198,000, with a year-over-year change of -0.9%. This indicates that home prices in Athens, MI are flat. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$198,000	-0.9%
Single Family	$198,000	-1.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Athens, MI

As of July '25, Rentcast reports the average rent in Athens, MI is $835, with a year-over-year rent change of 5.4%. Per bedroom, the median rent as of July '25 in Athens, MI is 1-bedrooms: $765, 2-bedrooms: $870. The most common rental property sizes in Athens, MI are 2-bedroom and 3-bedroom, accounting for 46.3% and 31.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$850	$835
Studio Rent	N/A	N/A
1 Bed Rent	$765	$765
2 Bed Rent	$850	$870
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

5.9%

2 Bedrooms

46.3%

3 Bedrooms

31.6%

4 Bedrooms

5.9%

5+ Bedrooms

10.3%

Property Listings — Athens, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Athens, MI is 41. This is a increase of 9.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$287,000	-28.0%
Listing Count	9	79.0%
Listings as % of Homes	0.3%	79.0%
Days on Market	63	-20.0%

Loading chart...

Demographics — Athens, MI

As of the latest ACS Survey released in 2023, Athens, MI has a population of 2,240, which has remained stable by -0.4% over the past 5 years. Athens, MI is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,240	-0.4%
% Under 18	16.7%	-34.0%
% Seniors	20.5%	4.1%
% WFH	10.5%	169.2%
% w/ College Degree	13.4%	-0.7%

Loading chart...

As of the latest ACS Survey released in 2023, Athens, MI is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Athens, MI is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.3% of the population in Athens, MI, and this percentage has increased by 1200.0% 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	92.0%	-2.1%
% Black	0.3%	-80.0%
% Hispanic	1.9%	-32.1%
% Asian	0.3%	∞%
% Foreign Born	1.3%	1,200.0%

Loading chart...

Mortgage and Risk — Athens, MI

According to HUD data as of 2023, there were 81 mortgage originations in Athens, MI, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Athens, MI. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	81
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	20.0%

Loading chart...

Rentals and Section 8 — Athens, MI

Athens, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% 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	$135	$765	$900
2 Bedroom	$240	$850	$1,090
3 Bedroom	N/A	N/A	$1,320
4 Bedroom	N/A	N/A	$1,500

Athens, MI—49011

Key Metrics at a Glance

Home Price Trends — Athens, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Athens, MI

% of Rental Stock

Property Listings — Athens, MI

Demographics — Athens, MI

Race and Ethnicity

Mortgage and Risk — Athens, MI

Mortgages

Rentals and Section 8 — Athens, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Athens, MI

Home Price to Income Ratio

Athens, MI — ZIP Code Boundary Map

Nearby ZIP Codes

East Leroy, MI

Vicksburg, MI

Sherwood, MI

Union City, MI

Burlington, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$198,000
Median Household Income	$54,900

Athens, MI—49011

Key Metrics at a Glance

Home Price Trends — Athens, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Athens, MI

% of Rental Stock

Property Listings — Athens, MI

Demographics — Athens, MI

Race and Ethnicity

Mortgage and Risk — Athens, MI

Mortgages

Rentals and Section 8 — Athens, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Athens, MI

Home Price to Income Ratio

Athens, MI — ZIP Code Boundary Map

Nearby ZIP Codes

East Leroy, MI

Vicksburg, MI

Sherwood, MI

Union City, MI

Burlington, MI

Frequently Asked Questions

What is the average home price in Athens, MI 49011?

How have home prices in Athens, MI 49011 changed over the past year?

What is the home price projection for Athens, MI 49011?

What are the demographics of Athens, MI 49011?

How long does it take homes to sell in Athens, MI 49011?

What is the average rent price in Athens, MI 49011?