Ingalls, MI—49887
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Ingalls, MI
Home Price Trends — Ingalls, MI
As of Oct '25, the median home price in Ingalls, MI is $179,000, with a year-over-year change of 6.3%. This indicates that home prices in Ingalls, MI are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $179,000 | 6.3% |
| Single Family | $179,000 | 6.5% |
| 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 — Ingalls, MI
Ingalls, 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 — Ingalls, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Ingalls, MI is 119. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $260,000 | -45.0% |
Listing Count | 12 | 109.0% |
| Listings as % of Homes | 0.5% | 109.0% |
Days on Market | 119 | -1.0% |
Demographics — Ingalls, MI
As of the latest ACS Survey released in 2023, Ingalls, MI has a population of 2,740, which has increased by 7.0% over the past 5 years. Ingalls, MI is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,740 | 7.0% |
% Under 18 | 19.5% | -3.5% |
% Seniors | 29.0% | 12.8% |
% WFH | 6.8% | 1.5% |
% w/ College Degree | 20.7% | 45.8% |
As of the latest ACS Survey released in 2023, Ingalls, MI is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Ingalls, MI is hispanic, making up 3.0% of the population. Foreign-born residents account for 4.0% of the population in Ingalls, MI, and this percentage has increased by 37.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.2% | -4.9% |
% Black | 0.4% | 0.0% |
% Hispanic | 3.0% | 100.0% |
% Asian | 0.6% | 50.0% |
% Foreign Born | 4.0% | 37.9% |
Mortgage and Risk — Ingalls, MI
According to HUD data as of 2023, there were 18 mortgage originations in Ingalls, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Ingalls, MI. Investor activity is low, as 0.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Ingalls, MI
Ingalls, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 52 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.0% |
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 — Ingalls, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $179,000 |
| Median Household Income | $54,800 |