Garden, MI—49835
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garden, MI
As of Oct '25, the median home price in Garden, MI is $198,000, with a year-over-year change of 2.9%. This indicates that home prices in Garden, MI are increasing. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 2.9% |
| Single Family | $197,000 | 2.6% |
| 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 — Garden, MI
Garden, 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 — Garden, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Garden, MI is 175. This is a decrease of -32.0% 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 | $1,060,000 | 25.0% |
Listing Count | 5 | 100.0% |
| Listings as % of Homes | 1.2% | 100.0% |
Days on Market | 175 | -32.0% |
Demographics — Garden, MI
As of the latest ACS Survey released in 2023, Garden, MI has a population of 735, which has decreased by -19.5% over the past 5 years. Garden, MI is a less popular place for families, as children make up 13.7% of the population. The area has a moderately educated workforce, with 25.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 735 | -19.5% |
% Under 18 | 13.7% | -37.2% |
% Seniors | 33.9% | 7.6% |
% WFH | 10.6% | 55.9% |
% w/ College Degree | 25.1% | 45.9% |
As of the latest ACS Survey released in 2023, Garden, MI is a predominantly white area, with 83.0% of the population identifying as white. The white population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in Garden, MI is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.8% of the population in Garden, MI, and this percentage has decreased by 21.7% 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 | 83.0% | 7.4% |
% Black | 0.4% | 300.0% |
% Hispanic | 2.9% | 163.6% |
% Asian | 1.2% | 200.0% |
% Foreign Born | 1.8% | -21.7% |
Mortgage and Risk — Garden, MI
According to HUD data as of 2023, there were 17 mortgage originations in Garden, MI, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Garden, MI. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 17 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 24.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Garden, MI
Garden, 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 | $1,050 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | N/A | N/A | $1,820 |
| 4 Bedroom | N/A | N/A | $2,320 |
Affordability — Garden, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $198,000 |
| Median Household Income | $53,100 |