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Empire, MI—49636

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$667,000
3.3% YoY Growth
Household Income
$108,000
42.1% YoY Growth
Days on Market
17
123.0% Longer YoY
Home Price Forecast
1.2%
Median 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

Other Zip Codes in Empire, MI

49630
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Empire, MI

As of May '26, the median home price in Empire, MI is $667,000, with a year-over-year change of 3.3%. This indicates that home prices in Empire, MI are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$667,0003.3%
Single Family $994,0002.8%
Condos $386,000-1.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    $586,0000.7%
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.5%
    1 Bedroom
    7.9%
    2 Bedrooms
    29.3%
    3 Bedrooms
    29.7%
    4 Bedrooms
    22.9%
    5+ Bedrooms
    7.8%

    Rental Trends — Empire, MI

    Empire, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    77.8%
    3 Bedrooms
    22.2%

    Property Listings — Empire, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Empire, MI is 17. This is a increase of 123.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $900,00041.0%
    Listing Count
    1194.0%
    Listings as % of Homes0.8%94.0%
    Days on Market
    17123.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    63458.1%
    % Under 18
    6.6%32.0%
    % Seniors
    56.9%15.9%
    % WFH
    37.5%197.6%
    % w/ College Degree
    65.3%1.1%
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    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

    MetricLatest Census5-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%
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    Mortgage and Risk — Empire, MI

    Empire, MI lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,210
    2 BedroomN/AN/A$1,360
    3 BedroomN/AN/A$1,640
    4 BedroomN/AN/A$1,800

    Affordability — Empire, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.3
    Median Home Price$667,000
    Median Household Income$108,000

    Empire, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Empire, MI

    49630

    Maple City, MI

    49664

    Honor, MI

    49640

    Lake Ann, MI

    49650

    Maple City, MI

    49654

    Frequently Asked Questions