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Edwardsburg, MI—49112

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$285,000
3.2% YoY Growth
Household Income
$61,900
3.7% YoY Growth
Days on Market
87
4.0% Longer YoY
Home Price Forecast
2.6%
Median Rent
$1,200
10.6% YoY Growth
1-Bed Rent
$1,100
29.4% YoY Growth
2-Bed Rent
$1,200
N/A
3-Bed Rent
$3,000
8.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Edwardsburg, MI

As of Dec '25, the median home price in Edwardsburg, MI is $285,000, with a year-over-year change of 3.2%. This indicates that home prices in Edwardsburg, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$285,0003.2%
Single Family $286,0003.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$223,0004.7%
    3 Bed
    		$293,0003.9%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    4.0%
    2 Bedrooms
    20.8%
    3 Bedrooms
    52.8%
    4 Bedrooms
    17.4%
    5+ Bedrooms
    4.3%

    Rental Trends — Edwardsburg, MI

    As of July '25, Rentcast reports the average rent in Edwardsburg, MI is $2,200, with a year-over-year rent change of -10.6%. Per bedroom, the median rent as of July '25 in Edwardsburg, MI is 1-bedrooms: $1,100, 2-bedrooms: $1,200, 3-bedrooms: $3,250. The most common rental property sizes in Edwardsburg, MI are 2-bedroom and 3-bedroom, accounting for 39.0% and 30.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,200$2,200
    Studio Rent N/AN/A
    1 Bed Rent $1,100$1,100
    2 Bed Rent $1,200$1,200
    3 Bed Rent $3,000$3,250
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    3.6%
    1 Bedroom
    15.0%
    2 Bedrooms
    39.0%
    3 Bedrooms
    30.8%
    4 Bedrooms
    7.4%
    5+ Bedrooms
    4.2%

    Property Listings — Edwardsburg, MI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Edwardsburg, MI is 65. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$385,00012.0%
    Listing Count
    		34-13.0%
    Listings as % of Homes0.6%-13.0%
    Days on Market
    		874.0%
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    Demographics — Edwardsburg, MI

    As of the latest ACS Survey released in 2023, Edwardsburg, MI has a population of 10,400, which has increased by 4.7% over the past 5 years. Edwardsburg, MI is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		10,4004.7%
    % Under 18
    		24.1%6.2%
    % Seniors
    		18.6%11.4%
    % WFH
    		7.2%140.0%
    % w/ College Degree
    		20.5%-10.9%
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    As of the latest ACS Survey released in 2023, Edwardsburg, MI is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Edwardsburg, MI is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.1% of the population in Edwardsburg, MI, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		90.2%-3.2%
    % Black
    		0.8%33.3%
    % Hispanic
    		2.4%71.4%
    % Asian
    		0.5%-64.3%
    % Foreign Born
    		1.1%-50.0%
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    Mortgage and Risk — Edwardsburg, MI

    According to HUD data as of 2023, there were 241 mortgage originations in Edwardsburg, MI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Edwardsburg, MI. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		241
    % Conventional Loans
    		85.0%
    % Government Loans
    		15.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		19.0%
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    Rentals and Section 8 — Edwardsburg, MI

    Edwardsburg, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		2
    Total Units Section 8
    		2
    % Rentals under Section 8
    		0.2%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$140$1,100$960
    2 Bedroom-$140$1,200$1,060
    3 Bedroom-$1,650$3,000$1,350
    4 BedroomN/AN/A$1,770

    Affordability — Edwardsburg, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.2
    Median Home Price$285,000
    Median Household Income$61,900

    Edwardsburg, MI — ZIP Code Boundary Map

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    Frequently Asked Questions