Coral, MI—49322
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Coral, MI
As of Oct '25, the median home price in Coral, MI is $221,000, with a year-over-year change of 5.6%. This indicates that home prices in Coral, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 5.6% |
| Single Family | $221,000 | 6.8% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Coral, MI
Coral, 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 — Coral, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Coral, MI is 37. This is a decrease of -46.0% 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 | $342,000 | 67.0% |
Listing Count | 6 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | 37 | -46.0% |
Demographics — Coral, MI
As of the latest ACS Survey released in 2023, Coral, MI has a population of 1,220, which has decreased by -17.4% over the past 5 years. Coral, MI is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,220 | -17.4% |
% Under 18 | 20.4% | -21.8% |
% Seniors | 20.4% | 37.8% |
% WFH | 8.5% | 112.5% |
% w/ College Degree | 15.4% | 42.6% |
As of the latest ACS Survey released in 2023, Coral, MI is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Coral, MI is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.7% of the population in Coral, MI, and this percentage has decreased by 30.0% 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 | 89.5% | -7.4% |
% Black | 1.2% | 9.1% |
% Hispanic | 2.5% | 127.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.7% | -30.0% |
Mortgage and Risk — Coral, MI
Coral, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
Rentals and Section 8 — Coral, MI
Coral, 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 | $1,190 |
| 2 Bedroom | N/A | N/A | $1,420 |
| 3 Bedroom | N/A | N/A | $1,740 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Coral, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $221,000 |
| Median Household Income | $69,200 |