Northport, MI—49670
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northport, MI
As of Oct '25, the median home price in Northport, MI is $724,000, with a year-over-year change of 0.5%. This indicates that home prices in Northport, MI are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $724,000 | 0.5% |
| Single Family | $728,000 | 0.3% |
| 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 | $709,000 | 4.3% |
4 Bed | $1,012,000 | 5.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Northport, MI
Northport, 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 — Northport, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Northport, MI is 60. This is a increase of 22.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $702,000 | -40.0% |
Listing Count | 23 | 117.0% |
| Listings as % of Homes | 0.4% | 117.0% |
Days on Market | 60 | 22.0% |
Demographics — Northport, MI
As of the latest ACS Survey released in 2023, Northport, MI has a population of 1,660, which has decreased by -21.3% over the past 5 years. Northport, MI is a less popular place for families, as children make up 10.8% of the population. The area has a highly educated workforce, with 54.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,660 | -21.3% |
% Under 18 | 10.8% | -33.3% |
% Seniors | 42.4% | 7.6% |
% WFH | 31.5% | 284.1% |
% w/ College Degree | 54.7% | 9.4% |
As of the latest ACS Survey released in 2023, Northport, MI is a predominantly white area, with 91.4% 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 Northport, MI is hispanic, making up 2.7% of the population. Foreign-born residents account for 3.4% of the population in Northport, MI, and this percentage has decreased by 2.9% 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 | 91.4% | 4.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.7% | -49.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.4% | -2.9% |
Mortgage and Risk — Northport, MI
According to HUD data as of 2023, there were 49 mortgage originations in Northport, MI, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Northport, MI. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 41.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Northport, MI
Northport, 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 | $1,330 |
| 2 Bedroom | N/A | N/A | $1,490 |
| 3 Bedroom | N/A | N/A | $1,800 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Northport, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $724,000 |
| Median Household Income | $90,200 |