Blissfield, MI—49228
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blissfield, MI
As of Oct '25, the median home price in Blissfield, MI is $230,000, with a year-over-year change of 1.3%. This indicates that home prices in Blissfield, MI are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $230,000 | 1.3% |
| Single Family | $230,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | 0.6% |
3 Bed | $213,000 | 2.9% |
4 Bed | $234,000 | 1.7% |
| 5 Bed | $279,000 | 3.0% |
% of Housing Stock
Rental Trends — Blissfield, MI
Blissfield, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Blissfield, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Blissfield, MI is 23. This is a decrease of -57.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $242,000 | -6.0% |
Listing Count | 12 | -17.0% |
| Listings as % of Homes | 0.5% | -17.0% |
Days on Market | 23 | -57.0% |
Demographics — Blissfield, MI
As of the latest ACS Survey released in 2023, Blissfield, MI has a population of 5,520, which has increased by 5.1% over the past 5 years. Blissfield, MI is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,520 | 5.1% |
% Under 18 | 23.0% | 3.6% |
% Seniors | 16.7% | 7.7% |
% WFH | 6.0% | 50.0% |
% w/ College Degree | 18.9% | -24.4% |
As of the latest ACS Survey released in 2023, Blissfield, MI is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Blissfield, MI is hispanic, making up 2.8% of the population. Foreign-born residents account for 0.6% of the population in Blissfield, MI, and this percentage has decreased by 40.0% 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 | 94.1% | -0.1% |
% Black | 0.2% | -60.0% |
% Hispanic | 2.8% | 3.7% |
% Asian | 0.3% | ∞% |
% Foreign Born | 0.6% | -40.0% |
Mortgage and Risk — Blissfield, MI
According to HUD data as of 2023, there were 118 mortgage originations in Blissfield, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Blissfield, MI. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Blissfield, MI
Blissfield, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Blissfield, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $230,000 |
| Median Household Income | $75,500 |