Empire, MI—49636
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Empire, MI
Home Price Trends — Empire, MI
As of Oct '25, the median home price in Empire, MI is $601,000, with a year-over-year change of 4.7%. This indicates that home prices in Empire, MI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $601,000 | 4.7% |
| Single Family | $888,000 | 3.6% |
| Condos | $359,000 | -2.4% |
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 | $444,000 | 1.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Empire, MI
Empire, 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 — Empire, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Empire, MI is 69. This is a decrease of -32.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $884,000 | 69.0% |
Listing Count | 15 | 33.0% |
| Listings as % of Homes | 0.8% | 33.0% |
Days on Market | 69 | -32.0% |
Demographics — Empire, MI
As of the latest ACS Survey released in 2023, Empire, MI has a population of 634, which has increased by 58.1% over the past 5 years. Empire, MI is a less popular place for families, as children make up 6.6% of the population. The area has a highly educated workforce, with 65.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 37.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 634 | 58.1% |
% Under 18 | 6.6% | 32.0% |
% Seniors | 56.9% | 15.9% |
% WFH | 37.5% | 197.6% |
% w/ College Degree | 65.3% | 1.1% |
As of the latest ACS Survey released in 2023, Empire, MI is a predominantly white area, with 91.0% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Empire, MI is hispanic, making up 8.5% of the population. Foreign-born residents account for 5.4% of the population in Empire, MI, and this percentage has decreased by 19.4% 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 | 91.0% | 4.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 8.5% | 30.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.4% | -19.4% |
Mortgage and Risk — Empire, MI
Empire, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Empire, MI
Empire, 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 | $1,210 |
| 2 Bedroom | N/A | N/A | $1,360 |
| 3 Bedroom | N/A | N/A | $1,640 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Empire, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $601,000 |
| Median Household Income | $108,000 |