South Haven, MI 49090 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

South Haven, MI—49090

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$355,000

1.2% YoY Growth

Household Income

$64,600

37.3% YoY Growth

Days on Market

88

8.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,650

8.5% YoY Growth

1-Bed Rent

$1,650

N/A

2-Bed Rent

$515

6.0% YoY Growth

3-Bed Rent

$1,600

12.6% YoY Growth

Home Price Trends — South Haven, MI

South Haven, MI lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$355,000	-1.2%
Single Family	$347,000	-0.9%
Condos	$438,000	1.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$278,000	1.8%

Rental Trends — South Haven, MI

As of July '25, Rentcast reports the average rent in South Haven, MI is $2,590, with a year-over-year rent change of -8.5%. Per bedroom, the median rent as of July '25 in South Haven, MI is 1-bedrooms: $1,650, 2-bedrooms: $1,060, 3-bedrooms: $2,280, 4-bedrooms: $5,200. The most common rental property sizes in South Haven, MI are 2-bedroom and 1-bedroom, accounting for 56.0% and 22.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$2,590
Studio Rent	N/A	N/A
1 Bed Rent	$1,650	$1,650
2 Bed Rent	$515	$1,060
3 Bed Rent	$1,600	$2,280
4 Bed Rent	$3,000	$5,200

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% of Rental Stock

Studio

0.7%

1 Bedroom

22.8%

2 Bedrooms

56.0%

3 Bedrooms

14.7%

4 Bedrooms

5.1%

5+ Bedrooms

0.8%

Property Listings — South Haven, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in South Haven, MI is 72. This is a increase of 25.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$623,000	10.0%
Listing Count	85	-1.0%
Listings as % of Homes	0.8%	-1.0%
Days on Market	88	8.0%

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Demographics — South Haven, MI

As of the latest ACS Survey released in 2023, South Haven, MI has a population of 13,600, which has decreased by -4.9% over the past 5 years. South Haven, MI is a moderately popular place for families, as children make up 18.2% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,600	-4.9%
% Under 18	18.2%	-15.3%
% Seniors	30.5%	29.2%
% WFH	14.6%	356.2%
% w/ College Degree	30.7%	18.1%

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As of the latest ACS Survey released in 2023, South Haven, MI is a predominantly white area, with 77.2% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in South Haven, MI is hispanic, making up 9.1% of the population. Foreign-born residents account for 6.8% of the population in South Haven, MI, and this percentage has increased by 33.3% 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	77.2%	-5.6%
% Black	5.4%	-18.2%
% Hispanic	9.1%	11.0%
% Asian	1.8%	157.1%
% Foreign Born	6.8%	33.3%

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Mortgage and Risk — South Haven, MI

According to HUD data as of 2023, there were 330 mortgage originations in South Haven, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in South Haven, MI. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	330
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	3.0%
% Second Loans	25.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — South Haven, MI

South Haven, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	231
Total Units Section 8	92
% Rentals under Section 8	N/A
% Occupied Section 8	93.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$890	$1,650	$760
2 Bedroom	$485	$515	$1,000
3 Bedroom	-$310	$1,600	$1,290
4 Bedroom	-$1,680	$3,000	$1,320

South Haven, MI—49090

Key Metrics at a Glance

Home Price Trends — South Haven, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Haven, MI

% of Rental Stock

Property Listings — South Haven, MI

Demographics — South Haven, MI

Race and Ethnicity

Mortgage and Risk — South Haven, MI

Mortgages

Rentals and Section 8 — South Haven, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — South Haven, MI

Home Price to Income Ratio

South Haven, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Covert, MI

Bangor, MI

Pullman, MI

Grand Junction, MI

Breedsville

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$355,000
Median Household Income	$64,600

South Haven, MI—49090

Key Metrics at a Glance

Home Price Trends — South Haven, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Haven, MI

% of Rental Stock

Property Listings — South Haven, MI

Demographics — South Haven, MI

Race and Ethnicity

Mortgage and Risk — South Haven, MI

Mortgages

Rentals and Section 8 — South Haven, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — South Haven, MI

Home Price to Income Ratio

South Haven, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Covert, MI

Bangor, MI

Pullman, MI

Grand Junction, MI

Breedsville

Frequently Asked Questions

What is the average home price in South Haven, MI 49090?

How have home prices in South Haven, MI 49090 changed over the past year?

What is the home price projection for South Haven, MI 49090?

What are the demographics of South Haven, MI 49090?

How long does it take homes to sell in South Haven, MI 49090?

What is the average rent price in South Haven, MI 49090?