Marcellus, MI—49067
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marcellus, MI
As of Oct '25, the median home price in Marcellus, MI is $232,000, with a year-over-year change of 2.5%. This indicates that home prices in Marcellus, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 2.5% |
| Single Family | $231,000 | 3.1% |
| 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 | $260,000 | 3.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Marcellus, MI
As of July '25, Rentcast reports the average rent in Marcellus, MI is $1,000, with a year-over-year rent change of -46.8%. Per bedroom, the median rent as of July '25 in Marcellus, MI is 2-bedrooms: $1,000. The most common rental property sizes in Marcellus, MI are 2-bedroom and 3-bedroom, accounting for 48.1% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Marcellus, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Marcellus, MI is 42. This is a decrease of -33.0% 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 56.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | 9.0% |
Listing Count | 18 | 4.0% |
| Listings as % of Homes | 0.7% | 4.0% |
Days on Market | 42 | -33.0% |
Demographics — Marcellus, MI
As of the latest ACS Survey released in 2023, Marcellus, MI has a population of 4,030, which has decreased by -7.6% over the past 5 years. Marcellus, MI is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,030 | -7.6% |
% Under 18 | 20.0% | 0.5% |
% Seniors | 19.8% | 4.8% |
% WFH | 9.2% | 37.3% |
% w/ College Degree | 15.1% | -20.5% |
As of the latest ACS Survey released in 2023, Marcellus, MI is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Marcellus, MI is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.0% of the population in Marcellus, MI, and this percentage has increased by 11.1% 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 | 92.7% | -3.7% |
% Black | 0.7% | 16.7% |
% Hispanic | 1.2% | -20.0% |
% Asian | 0.8% | 100.0% |
% Foreign Born | 1.0% | 11.1% |
Mortgage and Risk — Marcellus, MI
According to HUD data as of 2023, there were 111 mortgage originations in Marcellus, MI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Marcellus, MI. Investor activity is low, as 4.0% 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 | 111 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 4.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Marcellus, MI
Marcellus, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | $40 | $1,000 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Marcellus, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $232,000 |
| Median Household Income | $77,600 |