Mecosta, MI—49332
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mecosta, MI
As of Oct '25, the median home price in Mecosta, MI is $215,000, with a year-over-year change of 2.2%. This indicates that home prices in Mecosta, MI are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $215,000 | 2.2% |
| Single Family | $214,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | 4.2% |
3 Bed | $276,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mecosta, MI
Mecosta, 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 — Mecosta, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mecosta, MI is 78. This is a increase of 39.0% 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 | $271,000 | 30.0% |
Listing Count | 17 | -22.0% |
| Listings as % of Homes | 0.4% | -22.0% |
Days on Market | 78 | 39.0% |
Demographics — Mecosta, MI
As of the latest ACS Survey released in 2023, Mecosta, MI has a population of 3,350, which has increased by 21.0% over the past 5 years. Mecosta, MI is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,350 | 21.0% |
% Under 18 | 16.7% | 7.1% |
% Seniors | 29.6% | 25.4% |
% WFH | 5.8% | 141.7% |
% w/ College Degree | 17.1% | -10.5% |
As of the latest ACS Survey released in 2023, Mecosta, MI is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Mecosta, MI is black, making up 1.6% of the population. Foreign-born residents account for 0.5% of the population in Mecosta, MI, and this percentage has increased by 400.0% 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 | 92.3% | -1.1% |
% Black | 1.6% | 60.0% |
% Hispanic | 1.5% | 25.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | 400.0% |
Mortgage and Risk — Mecosta, MI
According to HUD data as of 2023, there were 139 mortgage originations in Mecosta, MI, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Mecosta, MI. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Mecosta, MI
Mecosta, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $750 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Mecosta, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $215,000 |
| Median Household Income | $58,700 |