Tecumseh, MI—49286
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tecumseh, MI
As of Oct '25, the median home price in Tecumseh, MI is $250,000, with a year-over-year change of 3.2%. This indicates that home prices in Tecumseh, MI are increasing. 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 | $250,000 | 3.2% |
| Single Family | $250,000 | 4.2% |
| Condos | $256,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $205,000 | 4.6% |
3 Bed | $246,000 | 4.2% |
4 Bed | $292,000 | 4.3% |
| 5 Bed | $326,000 | 4.5% |
% of Housing Stock
Rental Trends — Tecumseh, MI
As of July '25, Rentcast reports the average rent in Tecumseh, MI is $1,340, with a year-over-year rent change of 9.8%. Per bedroom, the median rent as of July '25 in Tecumseh, MI is studios: $650, 1-bedrooms: $1,090, 2-bedrooms: $1,230, 3-bedrooms: $1,770. The most common rental property sizes in Tecumseh, MI are 2-bedroom and 1-bedroom, accounting for 59.2% and 21.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,240 | $1,340 |
| Studio Rent | $650 | $650 |
| 1 Bed Rent | $1,090 | $1,090 |
| 2 Bed Rent | $1,240 | $1,230 |
| 3 Bed Rent | $1,740 | $1,770 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Tecumseh, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Tecumseh, MI is 31. 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $318,000 | 6.0% |
Listing Count | 39 | -36.0% |
| Listings as % of Homes | 0.5% | -36.0% |
Days on Market | 31 | -18.0% |
Demographics — Tecumseh, MI
As of the latest ACS Survey released in 2023, Tecumseh, MI has a population of 14,300, which has decreased by -2.5% over the past 5 years. Tecumseh, MI is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | -2.5% |
% Under 18 | 22.6% | -5.8% |
% Seniors | 21.5% | 18.1% |
% WFH | 10.2% | 137.2% |
% w/ College Degree | 26.8% | -14.4% |
As of the latest ACS Survey released in 2023, Tecumseh, MI is a predominantly white area, with 86.7% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Tecumseh, MI is hispanic, making up 7.3% of the population. Foreign-born residents account for 1.8% of the population in Tecumseh, MI, and this percentage has increased by 20.0% 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 | 86.7% | -6.0% |
% Black | 1.3% | 333.3% |
% Hispanic | 7.3% | 40.4% |
% Asian | 0.8% | 100.0% |
% Foreign Born | 1.8% | 20.0% |
Mortgage and Risk — Tecumseh, MI
According to HUD data as of 2023, there were 278 mortgage originations in Tecumseh, MI, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Tecumseh, MI. Investor activity is low, as 1.0% of loans were by investors. 28.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 278 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 28.0% |
Loan Activity
Rentals and Section 8 — Tecumseh, MI
Tecumseh, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 58 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,090 | $830 |
| 2 Bedroom | -$160 | $1,240 | $1,080 |
| 3 Bedroom | -$340 | $1,740 | $1,400 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Tecumseh, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $250,000 |
| Median Household Income | $73,100 |