Gladstone, MI49837

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$202,000
10.1% YoY Growth
Median Household Income
$65,900
17.9% 5-Year Growth
Days on Market
37
19.0% Longer than last year
Home Price Forecast
4.3%
Median 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

Property Listings — Gladstone, MI

As of Oct '25, Realtor.com reports that the median days on market for a home in Gladstone, MI is 37. This is a increase of 19.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$398,00029.0%
Listing Count
247.0%
Listings as % of Homes0.3%7.0%
Days on Market
3719.0%
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Demographics — Gladstone, MI

As of the latest ACS Survey released in 2023, Gladstone, MI has a population of 10,000, which has increased by 4.8% over the past 5 years. Gladstone, MI is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,0004.8%
% Under 18
21.9%-3.9%
% Seniors
22.5%2.7%
% WFH
6.2%59.0%
% w/ College Degree
24.2%-0.8%
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As of the latest ACS Survey released in 2023, Gladstone, MI is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Gladstone, MI is hispanic, making up 0.3% of the population. Foreign-born residents account for 0.4% of the population in Gladstone, MI, and this percentage has decreased by 63.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.9%-0.7%
% Black
0.2%∞%
% Hispanic
0.3%-78.6%
% Asian
0.2%0.0%
% Foreign Born
0.4%-63.6%
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Mortgage and Risk — Gladstone, MI

According to HUD data as of 2023, there were 40 mortgage originations in Gladstone, MI, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Gladstone, 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

MetricZip Code Average
Total Loan Originations
40
% Conventional Loans
52.0%
% Government Loans
48.0%
% Investor Loans
0.0%
% Second Loans
3.0%
% Cash Out Refinance
25.0%

Loan Activity

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Rentals and Section 8 — Gladstone, MI

Gladstone, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
135
Total Units Section 8
85
% Rentals under Section 8
N/A
% Occupied Section 8
93.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$770
2 BedroomN/AN/A$1,010
3 BedroomN/AN/A$1,330
4 BedroomN/AN/A$1,700

Affordability — Gladstone, MI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$202,000
Median Household Income$65,900

Gladstone, MI — ZIP Code Boundary Map

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Frequently Asked Questions