Berry Junction, MI—49445
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berry Junction, MI
As of Oct '25, the median home price in Berry Junction, MI is $284,000, with a year-over-year change of 2.1%. This indicates that home prices in Berry Junction, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $284,000 | 2.1% |
| Single Family | $282,000 | 2.2% |
| Condos | $331,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $225,000 | 2.7% |
3 Bed | $280,000 | 2.2% |
4 Bed | $352,000 | 2.6% |
| 5 Bed | $480,000 | 1.5% |
% of Housing Stock
Rental Trends — Berry Junction, MI
As of July '25, Rentcast reports the average rent in Berry Junction, MI is $2,040, with a year-over-year rent change of 18.6%. Per bedroom, the median rent as of July '25 in Berry Junction, MI is 2-bedrooms: $1,600, 4-bedrooms: $2,500. The most common rental property sizes in Berry Junction, MI are 2-bedroom and 3-bedroom, accounting for 33.5% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $2,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,600 | $1,600 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Berry Junction, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Berry Junction, MI is 44. This is a decrease of -6.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $321,000 | -6.0% |
Listing Count | 78 | 7.0% |
| Listings as % of Homes | 0.5% | 7.0% |
Days on Market | 44 | -6.0% |
Demographics — Berry Junction, MI
As of the latest ACS Survey released in 2023, Berry Junction, MI has a population of 21,100, which has remained stable by -0.1% over the past 5 years. Berry Junction, MI is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | -0.1% |
% Under 18 | 23.1% | 2.2% |
% Seniors | 20.0% | 9.9% |
% WFH | 7.7% | 196.2% |
% w/ College Degree | 28.6% | -2.1% |
As of the latest ACS Survey released in 2023, Berry Junction, MI is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Berry Junction, MI is hispanic, making up 5.9% of the population. Foreign-born residents account for 1.6% of the population in Berry Junction, MI, and this percentage has decreased by 5.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.2% | -5.7% |
% Black | 2.3% | 15.0% |
% Hispanic | 5.9% | 90.3% |
% Asian | 0.5% | 0.0% |
% Foreign Born | 1.6% | -5.9% |
Mortgage and Risk — Berry Junction, MI
According to HUD data as of 2023, there were 524 mortgage originations in Berry Junction, MI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Berry Junction, MI. Investor activity is low, as 1.0% 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 | 524 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Berry Junction, MI
Berry Junction, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,010 |
| 2 Bedroom | -$280 | $1,600 | $1,320 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | -$750 | $2,500 | $1,750 |
Affordability — Berry Junction, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $284,000 |
| Median Household Income | $80,500 |