Blanchard, MI—49310
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blanchard, MI
As of Oct '25, the median home price in Blanchard, MI is $201,000, with a year-over-year change of -4.4%. This indicates that home prices in Blanchard, MI are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | -4.4% |
| Single Family | $201,000 | -4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $196,000 | 0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Blanchard, MI
Blanchard, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Blanchard, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Blanchard, MI is 51. This is a decrease of -47.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $199,000 | -56.0% |
Listing Count | 4 | -16.0% |
| Listings as % of Homes | 0.8% | -16.0% |
Days on Market | 51 | -47.0% |
Demographics — Blanchard, MI
As of the latest ACS Survey released in 2023, Blanchard, MI has a population of 2,990, which has decreased by -12.5% over the past 5 years. Blanchard, MI is a popular place for families, as children make up 28.3% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,990 | -12.5% |
% Under 18 | 28.3% | -6.6% |
% Seniors | 17.0% | 25.0% |
% WFH | 9.8% | -8.4% |
% w/ College Degree | 19.8% | 50.0% |
As of the latest ACS Survey released in 2023, Blanchard, MI is a predominantly white area, with 89.8% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Blanchard, MI is hispanic, making up 6.5% of the population. Foreign-born residents account for 1.3% of the population in Blanchard, MI, and this percentage has increased by 116.7% 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 | 89.8% | -6.7% |
% Black | 0.2% | -81.8% |
% Hispanic | 6.5% | 490.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.3% | 116.7% |
Mortgage and Risk — Blanchard, MI
According to HUD data as of 2023, there were 117 mortgage originations in Blanchard, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Blanchard, MI. Investor activity is low, as 1.0% 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 | 117 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Blanchard, MI
Blanchard, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $800 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Blanchard, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $201,000 |
| Median Household Income | $63,100 |