Baroda, MI—49101
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Baroda, MI
As of Oct '25, the median home price in Baroda, MI is $315,000, with a year-over-year change of 3.0%. This indicates that home prices in Baroda, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $315,000 | 3.0% |
| Single Family | $314,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | 4.6% |
3 Bed | $302,000 | 2.7% |
4 Bed | $395,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Baroda, MI
As of July '25, Rentcast reports the average rent in Baroda, MI is $1,740, with a year-over-year rent change of 74.2%. Per bedroom, the median rent as of July '25 in Baroda, MI is 3-bedrooms: $1,740. The most common rental property sizes in Baroda, MI are 3-bedroom and 2-bedroom, accounting for 39.6% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,450 | $1,740 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Baroda, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Baroda, MI is 42. This is a increase of 33.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $336,000 | 15.0% |
Listing Count | 7 | -4.0% |
| Listings as % of Homes | 0.4% | -4.0% |
Days on Market | 42 | 33.0% |
Demographics — Baroda, MI
As of the latest ACS Survey released in 2023, Baroda, MI has a population of 2,940, which has decreased by -2.8% over the past 5 years. Baroda, MI is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,940 | -2.8% |
% Under 18 | 20.0% | -13.4% |
% Seniors | 20.1% | 11.7% |
% WFH | 12.8% | 1,322.2% |
% w/ College Degree | 26.0% | 32.0% |
As of the latest ACS Survey released in 2023, Baroda, MI is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Baroda, MI is hispanic, making up 3.7% of the population. Foreign-born residents account for 3.4% of the population in Baroda, MI, and this percentage has increased by 36.0% 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 | 91.1% | -1.9% |
% Black | 0.7% | 250.0% |
% Hispanic | 3.7% | -5.1% |
% Asian | 1.1% | 120.0% |
% Foreign Born | 3.4% | 36.0% |
Mortgage and Risk — Baroda, MI
According to HUD data as of 2023, there were 66 mortgage originations in Baroda, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Baroda, MI. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Baroda, MI
Baroda, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | $130 | $1,450 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,620 |
Affordability — Baroda, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $315,000 |
| Median Household Income | $70,200 |