White Pigeon, MI—49099
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — White Pigeon, MI
As of Oct '25, the median home price in White Pigeon, MI is $224,000, with a year-over-year change of 3.0%. This indicates that home prices in White Pigeon, MI are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $224,000 | 3.0% |
| Single Family | $224,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $177,000 | 1.7% |
3 Bed | $213,000 | 1.9% |
4 Bed | $268,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — White Pigeon, MI
As of July '25, Rentcast reports the average rent in White Pigeon, MI is $2,300, with a year-over-year rent change of 21.1%. Per bedroom, the median rent as of July '25 in White Pigeon, MI is 4-bedrooms: $2,300. The most common rental property sizes in White Pigeon, MI are 3-bedroom and 1-bedroom, accounting for 32.5% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — White Pigeon, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in White Pigeon, MI is 25. This is a increase of 29.0% 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 | $294,000 | 38.0% |
Listing Count | 23 | -4.0% |
| Listings as % of Homes | 0.3% | -4.0% |
Days on Market | 25 | 29.0% |
Demographics — White Pigeon, MI
As of the latest ACS Survey released in 2023, White Pigeon, MI has a population of 5,700, which has increased by 4.1% over the past 5 years. White Pigeon, 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 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,700 | 4.1% |
% Under 18 | 20.0% | -2.0% |
% Seniors | 18.2% | -10.8% |
% WFH | 6.6% | 450.0% |
% w/ College Degree | 12.1% | 2.5% |
As of the latest ACS Survey released in 2023, White Pigeon, MI is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in White Pigeon, MI is hispanic, making up 4.9% of the population. Foreign-born residents account for 1.4% of the population in White Pigeon, MI, and this percentage has decreased by 41.7% 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 | 90.9% | -2.6% |
% Black | 0.4% | 300.0% |
% Hispanic | 4.9% | -2.0% |
% Asian | 0.8% | 166.7% |
% Foreign Born | 1.4% | -41.7% |
Mortgage and Risk — White Pigeon, MI
According to HUD data as of 2023, there were 112 mortgage originations in White Pigeon, MI, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in White Pigeon, MI. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — White Pigeon, MI
White Pigeon, 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 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | -$890 | $2,300 | $1,410 |
Affordability — White Pigeon, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $224,000 |
| Median Household Income | $62,100 |