China, MI—48054
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — China, MI
As of Oct '25, the median home price in China, MI is $330,000, with a year-over-year change of 4.3%. This indicates that home prices in China, 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 | $330,000 | 4.3% |
| Single Family | $336,000 | 4.7% |
| Condos | $254,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $250,000 | 2.9% |
3 Bed | $330,000 | 4.1% |
4 Bed | $416,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — China, MI
As of July '25, Rentcast reports the average rent in China, MI is $850, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in China, MI is 1-bedrooms: $850. The most common rental property sizes in China, MI are 1-bedroom and 2-bedroom, accounting for 49.2% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 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 — China, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in China, MI is 45. This is a increase of 7.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $480,000 | 16.0% |
Listing Count | 23 | -10.0% |
| Listings as % of Homes | 0.7% | -10.0% |
Days on Market | 45 | 7.0% |
Demographics — China, MI
As of the latest ACS Survey released in 2023, China, MI has a population of 7,200, which has remained stable by 0.1% over the past 5 years. China, MI is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,200 | 0.1% |
% Under 18 | 16.8% | -6.7% |
% Seniors | 26.5% | 8.2% |
% WFH | 6.5% | 91.2% |
% w/ College Degree | 22.3% | -2.2% |
As of the latest ACS Survey released in 2023, China, MI is a predominantly white area, with 96.7% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in China, MI is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.9% of the population in China, MI, and this percentage has decreased by 47.2% 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 | 96.7% | 1.2% |
% Black | 0.7% | -12.5% |
% Hispanic | 1.3% | 85.7% |
% Asian | 0.2% | -66.7% |
% Foreign Born | 1.9% | -47.2% |
Mortgage and Risk — China, MI
According to HUD data as of 2023, there were 182 mortgage originations in China, MI, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in China, MI. Investor activity is low, as 0.0% 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 | 182 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — China, MI
China, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $850 | $990 |
| 2 Bedroom | N/A | N/A | $1,250 |
| 3 Bedroom | N/A | N/A | $1,530 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — China, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $330,000 |
| Median Household Income | $77,000 |