Spalding, MI—49874
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spalding, MI
As of Oct '25, the median home price in Spalding, MI is $182,000, with a year-over-year change of -0.4%. This indicates that home prices in Spalding, MI are flat. According to Zillow, the 1-year price projection is 4.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $182,000 | -0.4% |
| Single Family | $181,000 | -0.5% |
| 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 — Spalding, MI
Spalding, 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 — Spalding, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Spalding, MI is 64. This is a increase of 3.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | 270.0% |
Listing Count | 2 | -43.0% |
| Listings as % of Homes | 0.2% | -43.0% |
Days on Market | 64 | 3.0% |
Demographics — Spalding, MI
As of the latest ACS Survey released in 2023, Spalding, MI has a population of 1,140, which has increased by 24.8% over the past 5 years. Spalding, MI is a moderately popular place for families, as children make up 16.0% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,140 | 24.8% |
% Under 18 | 16.0% | 21.2% |
% Seniors | 28.0% | -17.2% |
% WFH | 5.0% | -29.6% |
% w/ College Degree | 15.2% | 44.8% |
Spalding, MI lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.6% | 0.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.1% | 175.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Spalding, MI
Spalding, 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 — Spalding, MI
Spalding, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Spalding, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $182,000 |
| Median Household Income | $56,500 |