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Casnovia, MI—49318

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$299,000
2.5% YoY Growth
Household Income
$68,900
32.2% YoY Growth
Days on Market
334
430.0% Longer YoY
Home Price Forecast
3.3%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Casnovia, MI

As of Dec '25, the median home price in Casnovia, MI is $299,000, with a year-over-year change of 2.5%. This indicates that home prices in Casnovia, MI are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$299,0002.5%
Single Family $299,0003.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$298,0004.2%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    2.9%
    2 Bedrooms
    14.7%
    3 Bedrooms
    49.9%
    4 Bedrooms
    28.0%
    5+ Bedrooms
    4.3%

    Rental Trends — Casnovia, MI

    Casnovia, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    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 N/AN/A
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    % of Rental Stock

    1 Bedroom
    9.1%
    2 Bedrooms
    30.3%
    3 Bedrooms
    42.4%
    4 Bedrooms
    12.1%
    5+ Bedrooms
    6.1%

    Property Listings — Casnovia, MI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Casnovia, MI is 163. This is a increase of 389.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$220,000-16.0%
    Listing Count
    		2-65.0%
    Listings as % of Homes0.4%-65.0%
    Days on Market
    		334430.0%
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    Demographics — Casnovia, MI

    As of the latest ACS Survey released in 2023, Casnovia, MI has a population of 1,480, which has decreased by -5.7% over the past 5 years. Casnovia, MI is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,480-5.7%
    % Under 18
    		28.2%27.0%
    % Seniors
    		17.3%-13.5%
    % WFH
    		4.7%80.8%
    % w/ College Degree
    		15.5%-1.3%
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    As of the latest ACS Survey released in 2023, Casnovia, MI is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Casnovia, MI is hispanic, making up 5.9% of the population. Foreign-born residents account for 3.6% of the population in Casnovia, MI, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		87.2%-2.1%
    % Black
    		1.8%-50.0%
    % Hispanic
    		5.9%-4.8%
    % Asian
    		2.0%566.7%
    % Foreign Born
    		3.6%0.0%
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    Mortgage and Risk — Casnovia, MI

    Casnovia, MI lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Casnovia, MI

    Casnovia, 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,110
    2 BedroomN/AN/A$1,410
    3 BedroomN/AN/A$1,750
    4 BedroomN/AN/A$1,910

    Affordability — Casnovia, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$299,000
    Median Household Income$68,900

    Casnovia, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Bailey, MI

    49303

    Conklin, MI

    49403

    Kent City, MI

    49330

    Grant, MI

    49327

    Ravenna, MI

    49451

    Frequently Asked Questions