Copemish, MI—49625
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Copemish, MI
Copemish, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -0.4% |
| Single Family | $217,000 | 0.0% |
| 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 — Copemish, MI
Copemish, 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 — Copemish, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Copemish, MI is 152. This is a increase of 54.0% 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 | $314,000 | 27.0% |
Listing Count | 10 | 7.0% |
| Listings as % of Homes | 0.8% | 7.0% |
Days on Market | 152 | 54.0% |
Demographics — Copemish, MI
As of the latest ACS Survey released in 2023, Copemish, MI has a population of 1,330, which has increased by 14.4% over the past 5 years. Copemish, MI is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,330 | 14.4% |
% Under 18 | 20.9% | 34.8% |
% Seniors | 25.8% | 8.4% |
% WFH | 6.7% | 204.5% |
% w/ College Degree | 13.6% | 13.3% |
As of the latest ACS Survey released in 2023, Copemish, MI is a predominantly white area, with 96.8% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Copemish, MI is hispanic, making up 0.6% of the population. Foreign-born residents account for 1.5% of the population in Copemish, MI, and this percentage has decreased by 11.8% 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 | 96.8% | 1.0% |
% Black | 0.0% | N/A |
% Hispanic | 0.6% | -71.4% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 1.5% | -11.8% |
Mortgage and Risk — Copemish, MI
According to HUD data as of 2023, there were 56 mortgage originations in Copemish, MI, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Copemish, MI. Investor activity is low, as 0.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 56 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Copemish, MI
Copemish, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $980 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Copemish, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $217,000 |
| Median Household Income | $47,100 |