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Jenison, MI—49428

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$347,000
3.9% YoY Growth
Household Income
$92,300
25.2% YoY Growth
Days on Market
46
4.0% Shorter YoY
Home Price Forecast
2.8%
Median Rent
$1,500
4.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,370
7.8% YoY Growth
3-Bed Rent
$2,500
13.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Jenison, MI

As of Dec '25, the median home price in Jenison, MI is $347,000, with a year-over-year change of 3.9%. This indicates that home prices in Jenison, MI are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$347,0003.9%
Single Family $354,0003.5%
Condos $250,0004.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$238,0004.4%
    3 Bed
    		$335,0004.7%
    4 Bed
    		$385,0003.5%
    5 Bed $460,1083.0%
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    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    6.3%
    2 Bedrooms
    17.6%
    3 Bedrooms
    40.8%
    4 Bedrooms
    25.2%
    5+ Bedrooms
    9.6%

    Rental Trends — Jenison, MI

    As of July '25, Rentcast reports the average rent in Jenison, MI is $1,830, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in Jenison, MI is 2-bedrooms: $1,410, 3-bedrooms: $2,500, 4-bedrooms: $2,400. The most common rental property sizes in Jenison, MI are 2-bedroom and 1-bedroom, accounting for 44.7% and 34.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,830
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,370$1,410
    3 Bed Rent $2,500$2,500
    4 Bed Rent $2,400$2,400
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    % of Rental Stock

    Studio
    2.1%
    1 Bedroom
    34.4%
    2 Bedrooms
    44.7%
    3 Bedrooms
    11.8%
    4 Bedrooms
    2.7%
    5+ Bedrooms
    4.2%

    Property Listings — Jenison, MI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Jenison, MI is 37. This is a decrease of -7.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$435,000-4.0%
    Listing Count
    		4017.0%
    Listings as % of Homes0.5%17.0%
    Days on Market
    		46-4.0%
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    Demographics — Jenison, MI

    As of the latest ACS Survey released in 2023, Jenison, MI has a population of 28,100, which has increased by 1.8% over the past 5 years. Jenison, MI is a popular place for families, as children make up 27.5% of the population. The area has a moderately educated workforce, with 38.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		28,1001.8%
    % Under 18
    		27.5%4.2%
    % Seniors
    		20.2%13.5%
    % WFH
    		9.5%93.9%
    % w/ College Degree
    		38.5%23.4%
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    As of the latest ACS Survey released in 2023, Jenison, MI is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Jenison, MI is hispanic, making up 4.2% of the population. Foreign-born residents account for 2.2% of the population in Jenison, MI, and this percentage has decreased by 29.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		90.9%-0.5%
    % Black
    		0.9%12.5%
    % Hispanic
    		4.2%10.5%
    % Asian
    		1.0%11.1%
    % Foreign Born
    		2.2%-29.0%
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    Mortgage and Risk — Jenison, MI

    According to HUD data as of 2023, there were 730 mortgage originations in Jenison, MI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Jenison, MI. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		730
    % Conventional Loans
    		93.0%
    % Government Loans
    		7.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Jenison, MI

    Jenison, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		60
    Total Units Section 8
    		60
    % Rentals under Section 8
    		4.0%
    % Occupied Section 8
    		94.8%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,210
    2 Bedroom$10$1,370$1,380
    3 Bedroom-$730$2,500$1,770
    4 Bedroom-$390$2,400$2,010

    Affordability — Jenison, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$347,000
    Median Household Income$92,300

    Jenison, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Walker, MI

    49534

    Hudsonville, MI

    49426

    Grandville, MI

    49418

    Marne, MI

    49435

    Wyoming, MI

    49519

    Frequently Asked Questions