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Brooklyn, MI—49230

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$285,000
1.9% YoY Growth
Household Income
$81,100
30.7% YoY Growth
Days on Market
37
29.0% Longer YoY
Home Price Forecast
-0.3%
Median Rent
$950
3.6% YoY Growth
1-Bed Rent
$895
4.8% YoY Growth
2-Bed Rent
$1,100
2.8% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Brooklyn, MI

As of May '26, the median home price in Brooklyn, MI is $285,000, with a year-over-year change of 1.9%. This indicates that home prices in Brooklyn, MI are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$285,0001.9%
Single Family $291,0001.4%
Condos $128,000-14.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $172,000
    -0.6%
    2 Bed
    		$230,000-0.4%
    3 Bed
    		$308,0001.7%
    4 Bed
    		$392,0001.8%
    5 Bed $468,8282.0%
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    3.0%
    2 Bedrooms
    23.4%
    3 Bedrooms
    51.9%
    4 Bedrooms
    15.6%
    5+ Bedrooms
    5.3%

    Rental Trends — Brooklyn, MI

    As of July '25, Rentcast reports the average rent in Brooklyn, MI is $1,010, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Brooklyn, MI is 1-bedrooms: $965, 2-bedrooms: $1,090. The most common rental property sizes in Brooklyn, MI are 3-bedroom and 2-bedroom, accounting for 35.5% and 29.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$950$1,010
    Studio Rent N/AN/A
    1 Bed Rent $895$965
    2 Bed Rent $1,100$1,090
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    11.8%
    1 Bedroom
    19.6%
    2 Bedrooms
    29.5%
    3 Bedrooms
    35.5%
    4 Bedrooms
    3.6%

    Property Listings — Brooklyn, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Brooklyn, MI is 37. 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$333,0003.0%
    Listing Count
    		55-15.0%
    Listings as % of Homes0.5%-15.0%
    Days on Market
    		3729.0%
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    Demographics — Brooklyn, MI

    As of the latest ACS Survey released in 2023, Brooklyn, MI has a population of 10,300, which has remained stable by 0.0% over the past 5 years. Brooklyn, MI is a moderately popular place for families, as children make up 16.1% of the population. The area has a moderately educated workforce, with 26.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		10,3000.0%
    % Under 18
    		16.1%-16.6%
    % Seniors
    		28.2%9.3%
    % WFH
    		13.5%440.0%
    % w/ College Degree
    		26.5%11.3%
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    As of the latest ACS Survey released in 2023, Brooklyn, MI is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Brooklyn, MI is hispanic, making up 0.9% of the population. Foreign-born residents account for 1.6% of the population in Brooklyn, MI, and this percentage has decreased by 27.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		93.9%0.3%
    % Black
    		0.8%-52.9%
    % Hispanic
    		0.9%-62.5%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		1.6%-27.3%
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    Mortgage and Risk — Brooklyn, MI

    According to HUD data as of 2023, there were 181 mortgage originations in Brooklyn, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Brooklyn, MI. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		181
    % Conventional Loans
    		86.0%
    % Government Loans
    		14.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		6.0%
    % Cash Out Refinance
    		15.0%
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    Rentals and Section 8 — Brooklyn, MI

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

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		0.5%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$225$895$1,120
    2 Bedroom$230$1,100$1,330
    3 BedroomN/AN/A$1,610
    4 BedroomN/AN/A$1,810

    Affordability — Brooklyn, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$285,000
    Median Household Income$81,100

    Brooklyn, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Napoleon

    49261

    Onsted, MI

    49265

    Manitou Beach, MI

    49253

    Cement City, MI

    49233

    Clarklake, MI

    49234

    Frequently Asked Questions