Vicksburg, MI—49097
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Vicksburg, MI
Home Price Trends — Vicksburg, MI
As of Oct '25, the median home price in Vicksburg, MI is $271,000, with a year-over-year change of 2.1%. This indicates that home prices in Vicksburg, MI are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $271,000 | 2.2% |
| Single Family | $270,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | 3.4% |
3 Bed | $278,000 | 2.2% |
4 Bed | $326,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Vicksburg, MI
As of July '25, Rentcast reports the average rent in Vicksburg, MI is $1,720, with a year-over-year rent change of -28.9%. Per bedroom, the median rent as of July '25 in Vicksburg, MI is 1-bedrooms: $975, 2-bedrooms: $1,240, 3-bedrooms: $1,960, 4-bedrooms: $2,440. The most common rental property sizes in Vicksburg, MI are 2-bedroom and 3-bedroom, accounting for 44.5% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $975 |
| 2 Bed Rent | $1,120 | $1,240 |
| 3 Bed Rent | $2,000 | $1,960 |
| 4 Bed Rent | $2,400 | $2,440 |
% of Rental Stock
Property Listings — Vicksburg, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Vicksburg, MI is 54. This is a increase of 6.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | 3.0% |
Listing Count | 46 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 54 | 6.0% |
Demographics — Vicksburg, MI
As of the latest ACS Survey released in 2023, Vicksburg, MI has a population of 11,500, which has increased by 2.9% over the past 5 years. Vicksburg, MI is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 2.9% |
% Under 18 | 21.7% | -8.8% |
% Seniors | 17.7% | 2.3% |
% WFH | 5.2% | 73.3% |
% w/ College Degree | 26.4% | -9.0% |
As of the latest ACS Survey released in 2023, Vicksburg, MI is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Vicksburg, MI is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.8% of the population in Vicksburg, MI, and this percentage has decreased by 60.0% 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 | 92.3% | -3.5% |
% Black | 0.4% | 100.0% |
% Hispanic | 1.6% | -23.8% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 0.8% | -60.0% |
Mortgage and Risk — Vicksburg, MI
According to HUD data as of 2023, there were 284 mortgage originations in Vicksburg, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Vicksburg, 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 | 284 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Vicksburg, MI
As of 2024, the percent of homes in Vicksburg, MI under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Vicksburg, MI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$165 | $975 | $810 |
| 2 Bedroom | -$150 | $1,120 | $970 |
| 3 Bedroom | -$720 | $2,000 | $1,280 |
| 4 Bedroom | -$1,030 | $2,400 | $1,370 |
Affordability — Vicksburg, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $271,000 |
| Median Household Income | $82,100 |