Kingsford, MI—49802
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kingsford, MI
As of Oct '25, the median home price in Kingsford, MI is $148,000, with a year-over-year change of 9.4%. This indicates that home prices in Kingsford, MI are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $148,000 | 9.4% |
| Single Family | $148,000 | 8.8% |
| 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 | $177,000 | 7.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kingsford, MI
As of July '25, Rentcast reports the average rent in Kingsford, MI is $1,580, with a year-over-year rent change of 224.4%. Per bedroom, the median rent as of July '25 in Kingsford, MI is 2-bedrooms: $1,580. The most common rental property sizes in Kingsford, MI are 2-bedroom and studio, accounting for 71.7% and 12.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,580 | $1,580 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kingsford, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kingsford, MI is 52. This is a increase of 51.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $164,000 | 23.0% |
Listing Count | 33 | 9.0% |
| Listings as % of Homes | 0.5% | 9.0% |
Days on Market | 52 | 51.0% |
Demographics — Kingsford, MI
As of the latest ACS Survey released in 2023, Kingsford, MI has a population of 6,010, which has decreased by -2.0% over the past 5 years. Kingsford, MI is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,010 | -2.0% |
% Under 18 | 22.6% | 5.6% |
% Seniors | 25.2% | 12.0% |
% WFH | 7.6% | 85.4% |
% w/ College Degree | 25.7% | 19.5% |
As of the latest ACS Survey released in 2023, Kingsford, MI is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Kingsford, MI is hispanic, making up 1.1% of the population. Foreign-born residents account for 1.9% of the population in Kingsford, MI, and this percentage has decreased by 5.0% 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% | -0.1% |
% Black | 0.8% | -11.1% |
% Hispanic | 1.1% | -52.2% |
% Asian | 0.6% | -25.0% |
% Foreign Born | 1.9% | -5.0% |
Mortgage and Risk — Kingsford, MI
According to HUD data as of 2023, there were 36 mortgage originations in Kingsford, MI, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Kingsford, MI. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 36 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Kingsford, MI
Kingsford, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 140 |
Total Units Section 8 | 71 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | -$590 | $1,580 | $990 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Kingsford, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $148,000 |
| Median Household Income | $61,100 |