Manitou Beach, MI—49253
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manitou Beach, MI
As of Oct '25, the median home price in Manitou Beach, MI is $303,000, with a year-over-year change of -1.7%. This indicates that home prices in Manitou Beach, MI are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $303,000 | -1.7% |
| Single Family | $301,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $222,000 | -2.2% |
2 Bed | $298,000 | -1.3% |
3 Bed | $376,000 | -0.8% |
4 Bed | $543,000 | -0.9% |
| 5 Bed | $662,000 | 0.2% |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,400 |
| 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 | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Manitou Beach, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Manitou Beach, MI is 81. This is a increase of 28.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $640,000 | -1.0% |
Listing Count | 30 | 33.0% |
| Listings as % of Homes | 0.8% | 33.0% |
Days on Market | 81 | 28.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,920 | 4.3% |
% Under 18 | 17.0% | 16.4% |
% Seniors | 33.0% | 16.6% |
% WFH | 11.6% | 329.6% |
% w/ College Degree | 35.8% | 46.7% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | -$930 | $2,400 | $1,470 |
Affordability — Manitou Beach, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $303,000 |
| Median Household Income | $79,900 |