Kent City, MI—49330
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kent City, MI
As of Oct '25, the median home price in Kent City, MI is $318,000, with a year-over-year change of 4.5%. This indicates that home prices in Kent City, MI are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $318,000 | 4.5% |
| Single Family | $318,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | 4.8% |
3 Bed | $315,000 | 5.7% |
4 Bed | $354,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kent City, MI
As of July '25, Rentcast reports the average rent in Kent City, MI is $913, with a year-over-year rent change of -32.9%. Per bedroom, the median rent as of July '25 in Kent City, MI is 2-bedrooms: $913. The most common rental property sizes in Kent City, MI are 3-bedroom and 2-bedroom, accounting for 71.7% and 17.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $913 | $913 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $913 | $913 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kent City, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kent City, MI is 52. This is a increase of 2.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $367,000 | 14.0% |
Listing Count | 17 | -18.0% |
| Listings as % of Homes | 0.8% | -18.0% |
Days on Market | 52 | 2.0% |
Demographics — Kent City, MI
As of the latest ACS Survey released in 2023, Kent City, MI has a population of 5,620, which has remained stable by 0.5% over the past 5 years. Kent City, MI is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,620 | 0.5% |
% Under 18 | 25.2% | -11.3% |
% Seniors | 11.6% | 5.5% |
% WFH | 10.7% | 214.7% |
% w/ College Degree | 16.8% | -3.4% |
As of the latest ACS Survey released in 2023, Kent City, MI is a predominantly white area, with 88.0% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Kent City, MI is hispanic, making up 10.5% of the population. Foreign-born residents account for 8.2% of the population in Kent City, MI, and this percentage has increased by 115.8% 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 | 88.0% | -0.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 10.5% | 25.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 8.2% | 115.8% |
Mortgage and Risk — Kent City, MI
According to HUD data as of 2023, there were 135 mortgage originations in Kent City, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Kent City, MI. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 135 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Kent City, MI
Kent City, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,150 |
| 2 Bedroom | $457 | $913 | $1,370 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Kent City, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $318,000 |
| Median Household Income | $74,500 |