Howard City, MI 49329 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Howard City, MI—49329

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$260,000

3.9% YoY Growth

Household Income

$71,600

33.4% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

3.6%

Median Rent

$814

N/A

1-Bed Rent

$650

N/A

2-Bed Rent

$1,200

N/A

3-Bed Rent

$814

N/A

Home Price Trends — Howard City, MI

As of Dec '25, the median home price in Howard City, MI is $260,000, with a year-over-year change of 3.9%. This indicates that home prices in Howard City, MI are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$260,000	3.9%
Single Family	$260,000	4.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Howard City, MI

Howard City, MI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$814	$886
Studio Rent	N/A	N/A
1 Bed Rent	$650	$650
2 Bed Rent	$1,200	$1,200
3 Bed Rent	$814	$814
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

20.8%

2 Bedrooms

38.6%

3 Bedrooms

29.5%

4 Bedrooms

11.1%

Property Listings — Howard City, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Howard City, MI is 56. This is a increase of 5.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$289,000	46.0%
Listing Count	23	-4.0%
Listings as % of Homes	0.6%	-4.0%
Days on Market	71	-3.0%

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Demographics — Howard City, MI

As of the latest ACS Survey released in 2023, Howard City, MI has a population of 9,030, which has increased by 6.2% over the past 5 years. Howard City, MI is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,030	6.2%
% Under 18	21.3%	-15.5%
% Seniors	10.3%	-24.8%
% WFH	6.8%	466.7%
% w/ College Degree	15.0%	5.6%

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As of the latest ACS Survey released in 2023, Howard City, MI is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Howard City, MI is black, making up 6.5% of the population. Foreign-born residents account for 4.9% of the population in Howard City, MI, and this percentage has increased by 250.0% 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	86.5%	-9.9%
% Black	6.5%	2,066.7%
% Hispanic	2.3%	64.3%
% Asian	0.2%	0.0%
% Foreign Born	4.9%	250.0%

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Mortgage and Risk — Howard City, MI

According to HUD data as of 2023, there were 193 mortgage originations in Howard City, MI, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Howard City, MI. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	193
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	2.0%
% Second Loans	3.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Howard City, MI

Howard City, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	91
Total Units Section 8	91
% Rentals under Section 8	8.4%
% Occupied Section 8	65.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$300	$650	$950
2 Bedroom	-$50	$1,200	$1,150
3 Bedroom	$616	$814	$1,430
4 Bedroom	N/A	N/A	$1,540

Howard City, MI—49329

Key Metrics at a Glance

Home Price Trends — Howard City, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Howard City, MI

% of Rental Stock

Property Listings — Howard City, MI

Demographics — Howard City, MI

Race and Ethnicity

Mortgage and Risk — Howard City, MI

Mortgages

Rentals and Section 8 — Howard City, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Howard City, MI

Home Price to Income Ratio

Howard City, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Pierson, MI

Morley, MI

Sand Lake, MI

Coral, MI

Trufant, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$260,000
Median Household Income	$71,600

Howard City, MI—49329

Key Metrics at a Glance

Home Price Trends — Howard City, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Howard City, MI

% of Rental Stock

Property Listings — Howard City, MI

Demographics — Howard City, MI

Race and Ethnicity

Mortgage and Risk — Howard City, MI

Mortgages

Rentals and Section 8 — Howard City, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Howard City, MI

Home Price to Income Ratio

Howard City, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Pierson, MI

Morley, MI

Sand Lake, MI

Coral, MI

Trufant, MI

Frequently Asked Questions

What is the average home price in Howard City, MI 49329?

How have home prices in Howard City, MI 49329 changed over the past year?

What is the home price projection for Howard City, MI 49329?

What are the demographics of Howard City, MI 49329?

How long does it take homes to sell in Howard City, MI 49329?

What is the average rent price in Howard City, MI 49329?