Lake Linden, MI—49945
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Linden, MI
As of Oct '25, the median home price in Lake Linden, MI is $183,000, with a year-over-year change of 3.1%. This indicates that home prices in Lake Linden, MI are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $183,000 | 3.1% |
| Single Family | $182,000 | 2.8% |
| 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 — 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 |
% of Rental Stock
Property Listings — Lake Linden, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Linden, MI is 78. This is a increase of 22.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $184,000 | -11.0% |
Listing Count | 20 | 64.0% |
| Listings as % of Homes | 0.3% | 64.0% |
Days on Market | 78 | 22.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Lake Linden, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $183,000 |
| Median Household Income | $52,900 |