View in Interactive Map

Gobles, MI—49055

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$259,000
2.4% YoY Growth
Household Income
$65,700
16.3% YoY Growth
Days on Market
35
27.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
$1,300
39.6% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,200
64.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Gobles, MI

Gobles, MI lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$259,0002.4%
Single Family $260,0003.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    $250,000
    3.7%
    3 Bed
    		$278,0004.1%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.1%
    1 Bedroom
    3.6%
    2 Bedrooms
    26.9%
    3 Bedrooms
    52.0%
    4 Bedrooms
    12.9%
    5+ Bedrooms
    4.6%

    Rental Trends — Gobles, MI

    As of July '25, Rentcast reports the average rent in Gobles, MI is $1,550, with a year-over-year rent change of 39.6%. Per bedroom, the median rent as of July '25 in Gobles, MI is 3-bedrooms: $1,680, 4-bedrooms: $1,300. The most common rental property sizes in Gobles, MI are 3-bedroom and 2-bedroom, accounting for 51.8% and 36.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,550
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,200$1,680
    4 Bed Rent $1,300$1,300
    Loading chart...

    % of Rental Stock

    Studio
    0.5%
    1 Bedroom
    6.2%
    2 Bedrooms
    36.3%
    3 Bedrooms
    51.8%
    4 Bedrooms
    2.1%
    5+ Bedrooms
    3.1%

    Property Listings — Gobles, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Gobles, MI is 35. This is a decrease of -27.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$375,00023.0%
    Listing Count
    		25-15.0%
    Listings as % of Homes0.3%-15.0%
    Days on Market
    		35-27.0%
    Loading chart...

    Demographics — Gobles, MI

    As of the latest ACS Survey released in 2023, Gobles, MI has a population of 5,960, which has decreased by -5.8% over the past 5 years. Gobles, MI is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,960-5.8%
    % Under 18
    		17.7%-28.9%
    % Seniors
    		18.9%9.9%
    % WFH
    		6.7%59.5%
    % w/ College Degree
    		18.0%-1.1%
    Loading chart...

    As of the latest ACS Survey released in 2023, Gobles, MI is a predominantly white area, with 92.3% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Gobles, MI is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.8% of the population in Gobles, MI, and this percentage has decreased by 27.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		92.3%0.9%
    % Black
    		0.1%-91.7%
    % Hispanic
    		2.2%-24.1%
    % Asian
    		0.2%0.0%
    % Foreign Born
    		0.8%-27.3%
    Loading chart...

    Mortgage and Risk — Gobles, MI

    According to HUD data as of 2023, there were 138 mortgage originations in Gobles, MI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Gobles, MI. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		138
    % Conventional Loans
    		81.0%
    % Government Loans
    		19.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		4.0%
    % Cash Out Refinance
    		9.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Gobles, MI

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

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$820
    2 BedroomN/AN/A$1,070
    3 Bedroom$190$1,200$1,390
    4 Bedroom$120$1,300$1,420

    Affordability — Gobles, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.4
    Median Home Price$259,000
    Median Household Income$65,700

    Gobles, MI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Bloomingdale, MI

    49026

    Paw Paw, MI

    49079

    Otsego, MI

    49078

    Mattawan, MI

    49071

    Allegan, MI

    49010

    Frequently Asked Questions