Conklin, MI—49403
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Conklin, MI
As of Oct '25, the median home price in Conklin, MI is $360,000, with a year-over-year change of 2.5%. This indicates that home prices in Conklin, MI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $360,000 | 2.6% |
| Single Family | $360,000 | 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 | N/A | N/A |
3 Bed | $347,000 | 4.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Conklin, MI
Conklin, 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 — Conklin, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Conklin, MI is 46. This is a increase of 75.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $376,000 | 21.0% |
Listing Count | 6 | 73.0% |
| Listings as % of Homes | 0.2% | 73.0% |
Days on Market | 46 | 75.0% |
Demographics — Conklin, MI
As of the latest ACS Survey released in 2023, Conklin, MI has a population of 2,480, which has decreased by -5.4% over the past 5 years. Conklin, MI is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,480 | -5.4% |
% Under 18 | 23.7% | 4.4% |
% Seniors | 16.6% | -13.5% |
% WFH | 5.4% | 8.0% |
% w/ College Degree | 24.6% | 7.9% |
As of the latest ACS Survey released in 2023, Conklin, MI is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Conklin, MI is hispanic, making up 7.5% of the population. Foreign-born residents account for 5.0% of the population in Conklin, MI, and this percentage has increased by 233.3% 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 | 89.6% | -5.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 7.5% | 368.8% |
% Asian | 0.6% | -40.0% |
% Foreign Born | 5.0% | 233.3% |
Mortgage and Risk — Conklin, MI
According to HUD data as of 2023, there were 101 mortgage originations in Conklin, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Conklin, MI. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Conklin, MI
Conklin, 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 | $1,050 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Conklin, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $360,000 |
| Median Household Income | $82,300 |