Marine City, MI 48039 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Marine City, MI—48039

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$215,000

2.6% YoY Growth

Household Income

$76,300

52.7% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

$750

67.9% YoY Growth

1-Bed Rent

$750

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,800

N/A

Home Price Trends — Marine City, MI

As of Nov '25, the median home price in Marine City, MI is $215,000, with a year-over-year change of 2.6%. This indicates that home prices in Marine City, MI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$215,000	2.6%
Single Family	$221,000	2.3%
Condos	$180,000	8.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Marine City, MI

As of July '25, Rentcast reports the average rent in Marine City, MI is $1,780, with a year-over-year rent change of 67.9%. Per bedroom, the median rent as of July '25 in Marine City, MI is 1-bedrooms: $750, 3-bedrooms: $2,800. The most common rental property sizes in Marine City, MI are 2-bedroom and 1-bedroom, accounting for 42.4% and 32.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$750	$1,780
Studio Rent	N/A	N/A
1 Bed Rent	$750	$750
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,800	$2,800
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

32.5%

2 Bedrooms

42.4%

3 Bedrooms

25.1%

Property Listings — Marine City, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Marine City, MI is 52. This is a decrease of -12.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$275,000	-6.0%
Listing Count	31	-14.0%
Listings as % of Homes	0.9%	-14.0%
Days on Market	52	-12.0%

Loading chart...

Demographics — Marine City, MI

As of the latest ACS Survey released in 2023, Marine City, MI has a population of 7,470, which has decreased by -1.8% over the past 5 years. Marine City, MI is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,470	-1.8%
% Under 18	19.3%	-2.5%
% Seniors	23.4%	32.2%
% WFH	7.5%	400.0%
% w/ College Degree	20.1%	43.6%

Loading chart...

As of the latest ACS Survey released in 2023, Marine City, MI is a predominantly white area, with 96.0% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Marine City, MI is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.9% of the population in Marine City, MI, and this percentage has decreased by 40.0% 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	96.0%	-2.7%
% Black	0.0%	N/A
% Hispanic	1.2%	∞%
% Asian	0.2%	∞%
% Foreign Born	0.9%	-40.0%

Loading chart...

Mortgage and Risk — Marine City, MI

According to HUD data as of 2023, there were 170 mortgage originations in Marine City, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Marine City, MI. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	170
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	1.0%
% Second Loans	5.0%
% Cash Out Refinance	14.0%

Loading chart...

Rentals and Section 8 — Marine City, MI

Marine City, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	16
Total Units Section 8	16
% Rentals under Section 8	4.0%
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$170	$750	$920
2 Bedroom	N/A	N/A	$1,170
3 Bedroom	-$1,360	$2,800	$1,440
4 Bedroom	N/A	N/A	$1,550

Marine City, MI—48039

Key Metrics at a Glance

Home Price Trends — Marine City, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marine City, MI

% of Rental Stock

Property Listings — Marine City, MI

Demographics — Marine City, MI

Race and Ethnicity

Mortgage and Risk — Marine City, MI

Mortgages

Rentals and Section 8 — Marine City, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Marine City, MI

Home Price to Income Ratio

Marine City, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Algonac, MI

China, MI

Fair Haven, MI

Forster, MI

Casco, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.5
Median Home Price	$215,000
Median Household Income	$76,300

Marine City, MI—48039

Key Metrics at a Glance

Home Price Trends — Marine City, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marine City, MI

% of Rental Stock

Property Listings — Marine City, MI

Demographics — Marine City, MI

Race and Ethnicity

Mortgage and Risk — Marine City, MI

Mortgages

Rentals and Section 8 — Marine City, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Marine City, MI

Home Price to Income Ratio

Marine City, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Algonac, MI

China, MI

Fair Haven, MI

Forster, MI

Casco, MI

Frequently Asked Questions

What is the average home price in Marine City, MI 48039?

How have home prices in Marine City, MI 48039 changed over the past year?

What is the home price projection for Marine City, MI 48039?

What are the demographics of Marine City, MI 48039?

How long does it take homes to sell in Marine City, MI 48039?

What is the average rent price in Marine City, MI 48039?