Mesick, MI—49668
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mesick, MI
As of Oct '25, the median home price in Mesick, MI is $196,000, with a year-over-year change of 1.8%. This indicates that home prices in Mesick, MI are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | 1.8% |
| Single Family | $197,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $167,000 | 4.4% |
3 Bed | $243,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mesick, MI
Mesick, 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 — Mesick, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mesick, MI is 28. This is a decrease of -15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | -13.0% |
Listing Count | 9 | -21.0% |
| Listings as % of Homes | 0.3% | -21.0% |
Days on Market | 28 | -15.0% |
Demographics — Mesick, MI
As of the latest ACS Survey released in 2023, Mesick, MI has a population of 3,540, which has increased by 6.7% over the past 5 years. Mesick, MI is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,540 | 6.7% |
% Under 18 | 24.9% | -0.4% |
% Seniors | 16.3% | -6.9% |
% WFH | 4.1% | 95.2% |
% w/ College Degree | 14.2% | 24.6% |
As of the latest ACS Survey released in 2023, Mesick, MI is a predominantly white area, with 89.9% 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 Mesick, MI is hispanic, making up 3.9% of the population. Foreign-born residents account for 0.6% of the population in Mesick, MI, and this percentage has decreased by 14.3% 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 | 89.9% | -5.7% |
% Black | 0.2% | -66.7% |
% Hispanic | 3.9% | 333.3% |
% Asian | 0.1% | -80.0% |
% Foreign Born | 0.6% | -14.3% |
Mortgage and Risk — Mesick, MI
According to HUD data as of 2023, there were 155 mortgage originations in Mesick, MI, of which 78.0% 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 Mesick, MI. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 155 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Mesick, MI
Mesick, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | $820 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Mesick, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $196,000 |
| Median Household Income | $59,700 |