Oronoko, MI 49103 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Oronoko, MI—49103

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$280,000

2.0% YoY Growth

Household Income

$61,900

38.2% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

2.8%

Median Rent

$1,200

11.1% YoY Growth

1-Bed Rent

$925

3.7% YoY Growth

2-Bed Rent

$1,160

0.0% YoY Growth

3-Bed Rent

$1,500

12.1% YoY Growth

Home Price Trends — Oronoko, MI

As of Dec '25, the median home price in Oronoko, MI is $280,000, with a year-over-year change of 2.0%. This indicates that home prices in Oronoko, MI are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$280,000	2.0%
Single Family	$279,000	1.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Oronoko, MI

As of July '25, Rentcast reports the average rent in Oronoko, MI is $1,500, with a year-over-year rent change of 11.1%. Per bedroom, the median rent as of July '25 in Oronoko, MI is 1-bedrooms: $925, 2-bedrooms: $1,250, 3-bedrooms: $1,670, 4-bedrooms: $2,950. The most common rental property sizes in Oronoko, MI are 2-bedroom and 1-bedroom, accounting for 45.5% and 23.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,500
Studio Rent	N/A	N/A
1 Bed Rent	$925	$925
2 Bed Rent	$1,160	$1,250
3 Bed Rent	$1,500	$1,670
4 Bed Rent	$2,950	$2,950

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% of Rental Stock

Studio

8.6%

1 Bedroom

23.7%

2 Bedrooms

45.5%

3 Bedrooms

15.7%

4 Bedrooms

5.8%

5+ Bedrooms

0.7%

Property Listings — Oronoko, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Oronoko, MI is 66. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$337,000	-17.0%
Listing Count	32	-4.0%
Listings as % of Homes	0.6%	-4.0%
Days on Market	64	-15.0%

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Demographics — Oronoko, MI

As of the latest ACS Survey released in 2023, Oronoko, MI has a population of 11,300, which has increased by 6.1% over the past 5 years. Oronoko, MI is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 52.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,300	6.1%
% Under 18	18.7%	-2.1%
% Seniors	16.4%	0.6%
% WFH	13.6%	61.9%
% w/ College Degree	52.4%	13.7%

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As of the latest ACS Survey released in 2023, Oronoko, MI is a predominantly white area, with 59.3% of the population identifying as white. The white population has grown by 3.7% in the last 5 years. The second most common race or ethnicity in Oronoko, MI is hispanic, making up 15.4% of the population. Foreign-born residents account for 19.5% of the population in Oronoko, MI, and this percentage has decreased by 25.3% 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	59.3%	3.7%
% Black	11.5%	-36.5%
% Hispanic	15.4%	14.9%
% Asian	6.4%	-12.3%
% Foreign Born	19.5%	-25.3%

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Mortgage and Risk — Oronoko, MI

According to HUD data as of 2023, there were 241 mortgage originations in Oronoko, MI, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Oronoko, 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	241
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	3.0%
% Second Loans	7.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Oronoko, MI

As of 2024, the percent of homes in Oronoko, MI under the Section 8 program is 5.6%. 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 Oronoko, 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	86
Total Units Section 8	86
% Rentals under Section 8	5.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$75	$925	$850
2 Bedroom	-$50	$1,160	$1,110
3 Bedroom	-$70	$1,500	$1,430
4 Bedroom	-$1,480	$2,950	$1,470

Oronoko, MI—49103

Key Metrics at a Glance

Home Price Trends — Oronoko, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oronoko, MI

% of Rental Stock

Property Listings — Oronoko, MI

Demographics — Oronoko, MI

Race and Ethnicity

Mortgage and Risk — Oronoko, MI

Mortgages

Rentals and Section 8 — Oronoko, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Oronoko, MI

Home Price to Income Ratio

Oronoko, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Berrien Springs

Sodus, MI

Buchanan, MI

Baroda, MI

Berrien Center, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$280,000
Median Household Income	$61,900

Oronoko, MI—49103

Key Metrics at a Glance

Home Price Trends — Oronoko, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oronoko, MI

% of Rental Stock

Property Listings — Oronoko, MI

Demographics — Oronoko, MI

Race and Ethnicity

Mortgage and Risk — Oronoko, MI

Mortgages

Rentals and Section 8 — Oronoko, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Oronoko, MI

Home Price to Income Ratio

Oronoko, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Berrien Springs

Sodus, MI

Buchanan, MI

Baroda, MI

Berrien Center, MI

Frequently Asked Questions

What is the average home price in Oronoko, MI 49103?

How have home prices in Oronoko, MI 49103 changed over the past year?

What is the home price projection for Oronoko, MI 49103?

What are the demographics of Oronoko, MI 49103?

How long does it take homes to sell in Oronoko, MI 49103?

What is the average rent price in Oronoko, MI 49103?