Kincheloe, MI—49788
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kincheloe, MI
As of Oct '25, the median home price in Kincheloe, MI is $91,000, with a year-over-year change of 8.0%. This indicates that home prices in Kincheloe, MI are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $91,000 | 8.0% |
| Single Family | $94,000 | 4.4% |
| 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 — Kincheloe, MI
As of July '25, Rentcast reports the average rent in Kincheloe, MI is $1,020, with a year-over-year rent change of 16.6%. Per bedroom, the median rent as of July '25 in Kincheloe, MI is 3-bedrooms: $1,020. The most common rental property sizes in Kincheloe, MI are 3-bedroom and 2-bedroom, accounting for 67.6% and 17.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $950 | $1,020 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kincheloe, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kincheloe, MI is 40. This is a increase of 39.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $152,000 | 7.0% |
Listing Count | 9 | 238.0% |
| Listings as % of Homes | 0.0% | 238.0% |
Days on Market | 40 | 39.0% |
Demographics — Kincheloe, MI
As of the latest ACS Survey released in 2023, Kincheloe, MI has a population of 3,980, which has decreased by -33.9% over the past 5 years. Kincheloe, MI is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,980 | -33.9% |
% Under 18 | 22.6% | 29.9% |
% Seniors | 9.7% | 59.0% |
% WFH | 0.9% | 80.0% |
% w/ College Degree | 15.1% | 109.7% |
As of the latest ACS Survey released in 2023, Kincheloe, MI is a predominantly white area, with 44.8% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Kincheloe, MI is black, making up 19.5% of the population. Foreign-born residents account for 0.8% of the population in Kincheloe, MI, and this percentage has decreased by 55.6% 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 | 44.8% | 0.9% |
% Black | 19.5% | -33.4% |
% Hispanic | 5.5% | 66.7% |
% Asian | 1.4% | 40.0% |
% Foreign Born | 0.8% | -55.6% |
Mortgage and Risk — Kincheloe, MI
According to HUD data as of 2023, there were 12 mortgage originations in Kincheloe, MI, of which 33.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Kincheloe, MI. Investor activity is low, as 8.0% of loans were by investors. 50.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 12 |
% Conventional Loans | 33.0% |
% Government Loans | 67.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 50.0% |
Loan Activity
Rentals and Section 8 — Kincheloe, MI
Kincheloe, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.0% |
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 | $1,030 |
| 3 Bedroom | $290 | $950 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Kincheloe, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $91,000 |
| Median Household Income | $52,600 |