Brimley, MI—49715
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brimley, MI
As of Oct '25, the median home price in Brimley, MI is $203,000, with a year-over-year change of 0.1%. This indicates that home prices in Brimley, MI are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | 0.1% |
| Single Family | $204,000 | 0.5% |
| 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 — Brimley, MI
Brimley, 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 — Brimley, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Brimley, MI is 30. This is a decrease of -42.0% 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 | $196,000 | -28.0% |
Listing Count | 8 | -10.0% |
| Listings as % of Homes | 0.2% | -10.0% |
Days on Market | 30 | -42.0% |
Demographics — Brimley, MI
As of the latest ACS Survey released in 2023, Brimley, MI has a population of 3,220, which has decreased by -4.0% over the past 5 years. Brimley, MI is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,220 | -4.0% |
% Under 18 | 20.6% | -2.8% |
% Seniors | 19.8% | 19.3% |
% WFH | 8.7% | 222.2% |
% w/ College Degree | 26.8% | 20.7% |
As of the latest ACS Survey released in 2023, Brimley, MI is a predominantly white area, with 52.4% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Brimley, MI is hispanic, making up 1.1% of the population. Foreign-born residents account for 2.5% of the population in Brimley, MI, and this percentage has increased by 47.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 52.4% | -7.1% |
% Black | 0.6% | -40.0% |
% Hispanic | 1.1% | -45.0% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 2.5% | 47.1% |
Mortgage and Risk — Brimley, MI
According to HUD data as of 2023, there were 7 mortgage originations in Brimley, MI, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Brimley, MI. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 7 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 43.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Brimley, MI
Brimley, 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 | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Brimley, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $203,000 |
| Median Household Income | $62,000 |