Onsted, MI—49265
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Onsted, MI
As of Oct '25, the median home price in Onsted, MI is $280,000, with a year-over-year change of 0.7%. This indicates that home prices in Onsted, MI are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $280,000 | 0.7% |
| Single Family | $287,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $230,000 | 2.7% |
3 Bed | $284,000 | 2.5% |
4 Bed | $374,000 | 1.6% |
| 5 Bed | $515,000 | 2.2% |
% of Housing Stock
Rental Trends — Onsted, MI
As of July '25, Rentcast reports the average rent in Onsted, MI is $890, with a year-over-year rent change of -12.7%. Per bedroom, the median rent as of July '25 in Onsted, MI is 1-bedrooms: $880, 2-bedrooms: $900. The most common rental property sizes in Onsted, MI are 1-bedroom and 3-bedroom, accounting for 42.6% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $880 | $890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $880 | $880 |
| 2 Bed Rent | $900 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Onsted, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Onsted, MI is 75. This is a increase of 41.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | 3.0% |
Listing Count | 27 | 50.0% |
| Listings as % of Homes | 0.4% | 50.0% |
Days on Market | 75 | 41.0% |
Demographics — Onsted, MI
As of the latest ACS Survey released in 2023, Onsted, MI has a population of 5,140, which has remained stable by 0.8% over the past 5 years. Onsted, MI is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 27.4% 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 | 5,140 | 0.8% |
% Under 18 | 20.6% | 7.3% |
% Seniors | 23.0% | 37.7% |
% WFH | 6.0% | 7.1% |
% w/ College Degree | 27.4% | 3.8% |
As of the latest ACS Survey released in 2023, Onsted, MI is a predominantly white area, with 94.1% of the population identifying as white. The white population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in Onsted, MI is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.3% of the population in Onsted, MI, and this percentage has decreased by 31.6% 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% | 2.6% |
% Black | 1.0% | -28.6% |
% Hispanic | 1.6% | -70.9% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 1.3% | -31.6% |
Mortgage and Risk — Onsted, MI
According to HUD data as of 2023, there were 217 mortgage originations in Onsted, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Onsted, MI. Investor activity is low, as 2.0% 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 | 217 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Onsted, MI
Onsted, 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 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $880 | $770 |
| 2 Bedroom | $100 | $900 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Onsted, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $280,000 |
| Median Household Income | $70,000 |