Lawton, MI—49065
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lawton, MI
Lawton, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $275,000 | 1.0% |
| Single Family | $276,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | -0.5% |
3 Bed | $270,000 | 1.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lawton, MI
Lawton, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lawton, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Lawton, MI is 31. This is a decrease of -4.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $232,000 | 7.0% |
Listing Count | 15 | -21.0% |
| Listings as % of Homes | 0.3% | -21.0% |
Days on Market | 31 | -4.0% |
Demographics — Lawton, MI
As of the latest ACS Survey released in 2023, Lawton, MI has a population of 7,280, which has increased by 10.2% over the past 5 years. Lawton, MI is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,280 | 10.2% |
% Under 18 | 23.9% | 7.7% |
% Seniors | 21.3% | 26.8% |
% WFH | 8.9% | 71.2% |
% w/ College Degree | 23.4% | 8.3% |
As of the latest ACS Survey released in 2023, Lawton, MI is a predominantly white area, with 90.3% of the population identifying as white. The white population has grown by 6.5% in the last 5 years. The second most common race or ethnicity in Lawton, MI is hispanic, making up 4.0% of the population. Foreign-born residents account for 1.2% of the population in Lawton, MI, and this percentage has decreased by 53.8% 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 | 90.3% | 6.5% |
% Black | 0.7% | -41.7% |
% Hispanic | 4.0% | -55.6% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 1.2% | -53.8% |
Mortgage and Risk — Lawton, MI
According to HUD data as of 2023, there were 135 mortgage originations in Lawton, MI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Lawton, MI. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 135 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lawton, MI
Lawton, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | -$260 | $1,300 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Lawton, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $275,000 |
| Median Household Income | $73,100 |