Avoca, MI 48006 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Avoca, MI—48006

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$298,000

2.6% YoY Growth

Household Income

$70,500

5.0% YoY Growth

Days on Market

51.0% Shorter YoY

Home Price Forecast

2.3%

Median Rent

$2,000

4.8% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,000

N/A

3-Bed Rent

N/A

Home Price Trends — Avoca, MI

As of Nov '25, the median home price in Avoca, MI is $298,000, with a year-over-year change of 2.6%. This indicates that home prices in Avoca, MI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$298,000	2.6%
Single Family	$298,000	2.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Avoca, MI

As of July '25, Rentcast reports the average rent in Avoca, MI is $2,000, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Avoca, MI is 2-bedrooms: $2,000. The most common rental property sizes in Avoca, MI are 3-bedroom and 2-bedroom, accounting for 54.3% and 20.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,000
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,000	$2,000
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.4%

2 Bedrooms

20.2%

3 Bedrooms

54.3%

4 Bedrooms

19.1%

Property Listings — Avoca, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Avoca, MI is 33. 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$430,000	66.0%
Listing Count	12	15.0%
Listings as % of Homes	0.9%	15.0%
Days on Market	33	-51.0%

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Demographics — Avoca, MI

As of the latest ACS Survey released in 2023, Avoca, MI has a population of 3,890, which has decreased by -6.5% over the past 5 years. Avoca, MI is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,890	-6.5%
% Under 18	23.9%	-4.8%
% Seniors	18.4%	44.9%
% WFH	7.9%	276.2%
% w/ College Degree	14.7%	0.7%

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As of the latest ACS Survey released in 2023, Avoca, MI is a predominantly white area, with 92.5% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Avoca, MI is hispanic, making up 4.3% of the population. Foreign-born residents account for 1.1% of the population in Avoca, MI, and this percentage has decreased by 15.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.5%	-2.8%
% Black	0.4%	0.0%
% Hispanic	4.3%	330.0%
% Asian	0.1%	-66.7%
% Foreign Born	1.1%	-15.4%

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Mortgage and Risk — Avoca, MI

According to HUD data as of 2023, there were 58 mortgage originations in Avoca, MI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Avoca, MI. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	58
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Avoca, MI

Avoca, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% 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	$930
2 Bedroom	-$830	$2,000	$1,170
3 Bedroom	N/A	N/A	$1,440
4 Bedroom	N/A	N/A	$1,550

Avoca, MI—48006

Key Metrics at a Glance

Home Price Trends — Avoca, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Avoca, MI

% of Rental Stock

Property Listings — Avoca, MI

Demographics — Avoca, MI

Race and Ethnicity

Mortgage and Risk — Avoca, MI

Mortgages

Rentals and Section 8 — Avoca, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Avoca, MI

Home Price to Income Ratio

Avoca, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Jeddo, MI

Emmett, MI

North Street, MI

Goodells, MI

Yale, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$298,000
Median Household Income	$70,500

Avoca, MI—48006

Key Metrics at a Glance

Home Price Trends — Avoca, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Avoca, MI

% of Rental Stock

Property Listings — Avoca, MI

Demographics — Avoca, MI

Race and Ethnicity

Mortgage and Risk — Avoca, MI

Mortgages

Rentals and Section 8 — Avoca, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Avoca, MI

Home Price to Income Ratio

Avoca, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Jeddo, MI

Emmett, MI

North Street, MI

Goodells, MI

Yale, MI

Frequently Asked Questions

What is the average home price in Avoca, MI 48006?

How have home prices in Avoca, MI 48006 changed over the past year?

What is the home price projection for Avoca, MI 48006?

What are the demographics of Avoca, MI 48006?

How long does it take homes to sell in Avoca, MI 48006?

What is the average rent price in Avoca, MI 48006?