Lake Linden, MI 49945 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lake Linden, MI—49945

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$202,000

7.2% YoY Growth

Household Income

$52,900

0.8% YoY Growth

Days on Market

51.0% Shorter YoY

Home Price Forecast

0.6%

Median Rent

$1,650

37.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,650

37.5% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Lake Linden, MI

As of May '26, the median home price in Lake Linden, MI is $202,000, with a year-over-year change of 7.2%. This indicates that home prices in Lake Linden, MI are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$202,000	7.2%
Single Family	$203,000	8.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lake Linden, MI

As of July '25, Rentcast reports the average rent in Lake Linden, MI is $1,650, with a year-over-year rent change of 37.5%. Per bedroom, the median rent as of July '25 in Lake Linden, MI is 2-bedrooms: $1,650. The most common rental property sizes in Lake Linden, MI are 1-bedroom and 2-bedroom, accounting for 37.1% and 29.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,650
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,650	$1,650
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.5%

1 Bedroom

37.1%

2 Bedrooms

29.6%

3 Bedrooms

24.7%

4 Bedrooms

4.1%

Property Listings — Lake Linden, MI

As of May '26, Realtor.com reports that the median days on market for a home in Lake Linden, MI is 56. This is a decrease of -51.0% 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 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	$165,000	-42.0%
Listing Count	11	76.0%
Listings as % of Homes	0.3%	76.0%
Days on Market	56	-51.0%

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Demographics — Lake Linden, MI

As of the latest ACS Survey released in 2023, Lake Linden, MI has a population of 2,700, which has increased by 1.7% over the past 5 years. Lake Linden, MI is a moderately popular place for families, as children make up 16.0% 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 few residents working remotely, with 6.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,700	1.7%
% Under 18	16.0%	-13.0%
% Seniors	28.9%	24.6%
% WFH	6.2%	-7.5%
% w/ College Degree	25.1%	-17.2%

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As of the latest ACS Survey released in 2023, Lake Linden, MI is a predominantly white area, with 97.6% of the population identifying as white. The white population has grown by 3.7% in the last 5 years. The second most common race or ethnicity in Lake Linden, MI is hispanic, making up 1.1% of the population. Foreign-born residents account for 2.3% of the population in Lake Linden, MI, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	97.6%	3.7%
% Black	0.1%	-83.3%
% Hispanic	1.1%	-67.6%
% Asian	0.2%	-87.5%
% Foreign Born	2.3%	0.0%

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Mortgage and Risk — Lake Linden, MI

According to HUD data as of 2023, there were 77 mortgage originations in Lake Linden, MI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Lake Linden, MI. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	77
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	1.0%
% Second Loans	12.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Lake Linden, MI

Lake Linden, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	79
Total Units Section 8	14
% Rentals under Section 8	N/A
% Occupied Section 8	92.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$780
2 Bedroom	-$720	$1,650	$930
3 Bedroom	N/A	N/A	$1,310
4 Bedroom	N/A	N/A	$1,570

Lake Linden, MI—49945

Key Metrics at a Glance

Home Price Trends — Lake Linden, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lake Linden, MI

% of Rental Stock

Property Listings — Lake Linden, MI

Demographics — Lake Linden, MI

Race and Ethnicity

Mortgage and Risk — Lake Linden, MI

Mortgages

Rentals and Section 8 — Lake Linden, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lake Linden, MI

Home Price to Income Ratio

Lake Linden, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Fulton

Hubbell

Ahmeek

Laurium, MI

Dollar Bay

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$202,000
Median Household Income	$52,900

Lake Linden, MI—49945

Key Metrics at a Glance

Home Price Trends — Lake Linden, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lake Linden, MI

% of Rental Stock

Property Listings — Lake Linden, MI

Demographics — Lake Linden, MI

Race and Ethnicity

Mortgage and Risk — Lake Linden, MI

Mortgages

Rentals and Section 8 — Lake Linden, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lake Linden, MI

Home Price to Income Ratio

Lake Linden, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Fulton

Hubbell

Ahmeek

Laurium, MI

Dollar Bay

Frequently Asked Questions

What is the average home price in Lake Linden, MI 49945?

How have home prices in Lake Linden, MI 49945 changed over the past year?

What is the home price projection for Lake Linden, MI 49945?

What are the demographics of Lake Linden, MI 49945?

How long does it take homes to sell in Lake Linden, MI 49945?

What is the average rent price in Lake Linden, MI 49945?