Alden, MI—49612
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alden, MI
As of Oct '25, the median home price in Alden, MI is $396,000, with a year-over-year change of -0.9%. This indicates that home prices in Alden, MI are flat. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $396,000 | -0.9% |
| Single Family | $397,000 | -0.7% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alden, MI
Alden, 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 — Alden, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Alden, MI is 100. This is a increase of 63.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $846,000 | 10.0% |
Listing Count | 16 | 118.0% |
| Listings as % of Homes | 0.3% | 118.0% |
Days on Market | 100 | 63.0% |
Demographics — Alden, MI
As of the latest ACS Survey released in 2023, Alden, MI has a population of 1,350, which has increased by 15.9% over the past 5 years. Alden, MI is a less popular place for families, as children make up 13.3% of the population. The area has a highly educated workforce, with 47.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,350 | 15.9% |
% Under 18 | 13.3% | -2.9% |
% Seniors | 26.4% | -11.4% |
% WFH | 11.4% | 208.1% |
% w/ College Degree | 47.9% | 74.2% |
As of the latest ACS Survey released in 2023, Alden, MI is a predominantly white area, with 92.5% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Alden, MI is hispanic, making up 4.7% of the population. Foreign-born residents account for 2.6% of the population in Alden, MI, and this percentage has increased by 420.0% 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 | 92.5% | -4.2% |
% Black | 0.0% | N/A |
% Hispanic | 4.7% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.6% | 420.0% |
Mortgage and Risk — Alden, MI
According to HUD data as of 2023, there were 13 mortgage originations in Alden, MI, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Alden, MI. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 13 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 0.0% |
% Second Loans | 23.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Alden, MI
Alden, 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 | $750 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Alden, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $396,000 |
| Median Household Income | $84,600 |