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Manitou Beach, MI—49253

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$319,000
3.5% YoY Growth
Household Income
$79,900
39.8% YoY Growth
Days on Market
50
18.0% Shorter YoY
Home Price Forecast
0.5%
Median Rent
$2,400
20.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Manitou Beach, MI

As of May '26, the median home price in Manitou Beach, MI is $319,000, with a year-over-year change of 3.5%. This indicates that home prices in Manitou Beach, MI are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$319,0003.5%
Single Family $318,0004.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $238,000
    4.4%
    2 Bed
    $311,0004.0%
    3 Bed
    $393,0005.9%
    4 Bed
    $560,0004.7%
    5 Bed $697,4194.7%
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    % of Housing Stock

    1 Bedroom
    3.3%
    2 Bedrooms
    19.3%
    3 Bedrooms
    57.8%
    4 Bedrooms
    17.1%
    5+ Bedrooms
    2.5%

    Rental Trends — Manitou Beach, MI

    As of July '25, Rentcast reports the average rent in Manitou Beach, MI is $2,400, with a year-over-year rent change of 20.0%. Per bedroom, the median rent as of July '25 in Manitou Beach, MI is 4-bedrooms: $2,400. The most common rental property sizes in Manitou Beach, MI are 3-bedroom and 1-bedroom, accounting for 52.1% and 23.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,400$2,400
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent $2,400$2,400
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    % of Rental Stock

    1 Bedroom
    23.9%
    2 Bedrooms
    23.9%
    3 Bedrooms
    52.1%

    Property Listings — Manitou Beach, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Manitou Beach, MI is 50. This is a decrease of -18.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $600,00025.0%
    Listing Count
    34-18.0%
    Listings as % of Homes0.8%-18.0%
    Days on Market
    50-18.0%
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    Demographics — Manitou Beach, MI

    As of the latest ACS Survey released in 2023, Manitou Beach, MI has a population of 2,920, which has increased by 4.3% over the past 5 years. Manitou Beach, MI is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 35.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    2,9204.3%
    % Under 18
    17.0%16.4%
    % Seniors
    33.0%16.6%
    % WFH
    11.6%329.6%
    % w/ College Degree
    35.8%46.7%
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    As of the latest ACS Survey released in 2023, Manitou Beach, MI is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Manitou Beach, MI is hispanic, making up 2.7% of the population. Foreign-born residents account for 2.0% of the population in Manitou Beach, MI, and this percentage has increased by 1900.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    95.1%-3.5%
    % Black
    0.1%-75.0%
    % Hispanic
    2.7%2,600.0%
    % Asian
    0.0%N/A
    % Foreign Born
    2.0%1,900.0%
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    Mortgage and Risk — Manitou Beach, MI

    According to HUD data as of 2023, there were 69 mortgage originations in Manitou Beach, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Manitou Beach, MI. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    69
    % Conventional Loans
    86.0%
    % Government Loans
    14.0%
    % Investor Loans
    3.0%
    % Second Loans
    19.0%
    % Cash Out Refinance
    17.0%
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    Rentals and Section 8 — Manitou Beach, MI

    Manitou Beach, 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
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$760
    2 BedroomN/AN/A$980
    3 BedroomN/AN/A$1,270
    4 Bedroom-$930$2,400$1,470

    Affordability — Manitou Beach, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$319,000
    Median Household Income$79,900

    Manitou Beach, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Addison, MI

    49220

    Onsted, MI

    49265

    Clayton, MI

    49235

    Hudson, MI

    49247

    Cement City, MI

    49233

    Frequently Asked Questions