Hubbard Lake, MI—49747
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hubbard Lake, MI
As of Oct '25, the median home price in Hubbard Lake, MI is $228,000, with a year-over-year change of 3.0%. This indicates that home prices in Hubbard Lake, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 3.0% |
| Single Family | $229,000 | 2.7% |
| 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 — Hubbard Lake, MI
Hubbard Lake, 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 — Hubbard Lake, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Hubbard Lake, MI is 67. This is a decrease of -35.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $398,000 | 24.0% |
Listing Count | 8 | -17.0% |
| Listings as % of Homes | 0.1% | -17.0% |
Days on Market | 67 | -35.0% |
Demographics — Hubbard Lake, MI
As of the latest ACS Survey released in 2023, Hubbard Lake, MI has a population of 2,180, which has increased by 14.9% over the past 5 years. Hubbard Lake, MI is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,180 | 14.9% |
% Under 18 | 21.2% | 25.4% |
% Seniors | 27.0% | -13.5% |
% WFH | 9.0% | 45.2% |
% w/ College Degree | 19.4% | -2.5% |
As of the latest ACS Survey released in 2023, Hubbard Lake, MI is a predominantly white area, with 95.5% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Hubbard Lake, MI is asian, making up 0.4% of the population. Foreign-born residents account for 0.9% of the population in Hubbard Lake, MI, and this percentage has decreased by 47.1% 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 | 95.5% | -0.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.4% | 0.0% |
% Asian | 0.4% | -42.9% |
% Foreign Born | 0.9% | -47.1% |
Mortgage and Risk — Hubbard Lake, MI
Hubbard Lake, 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 — Hubbard Lake, MI
Hubbard Lake, 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 | $790 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Hubbard Lake, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $228,000 |
| Median Household Income | $67,600 |