Mohawk, MI—49950
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mohawk, MI
As of Oct '25, the median home price in Mohawk, MI is $216,000, with a year-over-year change of 4.9%. This indicates that home prices in Mohawk, MI are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 4.9% |
| Single Family | $217,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | 7.6% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mohawk, MI
Mohawk, 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 — Mohawk, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mohawk, MI is 150. This is a increase of 78.0% 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 | $812,000 | 96.0% |
Listing Count | 6 | -12.0% |
| Listings as % of Homes | 0.2% | -12.0% |
Days on Market | 150 | 78.0% |
Demographics — Mohawk, MI
As of the latest ACS Survey released in 2023, Mohawk, MI has a population of 1,100, which has decreased by -11.1% over the past 5 years. Mohawk, MI is a moderately popular place for families, as children make up 15.1% of the population. The area has a moderately educated workforce, with 43.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,100 | -11.1% |
% Under 18 | 15.1% | 13.5% |
% Seniors | 42.4% | 16.8% |
% WFH | 18.6% | 204.9% |
% w/ College Degree | 43.0% | 54.1% |
As of the latest ACS Survey released in 2023, Mohawk, MI is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Mohawk, MI is hispanic, making up 1.5% of the population. Foreign-born residents account for 2.6% of the population in Mohawk, MI, and this percentage has increased by 271.4% 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 | 94.7% | -0.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.5% | 150.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.6% | 271.4% |
Mortgage and Risk — Mohawk, MI
According to HUD data as of 2023, there were 34 mortgage originations in Mohawk, MI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Mohawk, MI. Investor activity is low, as 6.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 6.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Mohawk, MI
Mohawk, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Mohawk, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $216,000 |
| Median Household Income | $54,900 |