Belleville, MI 48111 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Belleville, MI—48111

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$294,000

3.6% YoY Growth

Household Income

$74,100

30.5% YoY Growth

Days on Market

9.0% Shorter YoY

Home Price Forecast

1.9%

Median Rent

$1,230

7.7% YoY Growth

1-Bed Rent

$1,080

27.7% YoY Growth

2-Bed Rent

$1,180

6.8% YoY Growth

3-Bed Rent

$1,480

8.4% YoY Growth

Home Price Trends — Belleville, MI

As of Dec '25, the median home price in Belleville, MI is $294,000, with a year-over-year change of 3.6%. This indicates that home prices in Belleville, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$294,000	3.6%
Single Family	$304,000	3.4%
Condos	$245,000	5.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Belleville, MI

As of July '25, Rentcast reports the average rent in Belleville, MI is $1,400, with a year-over-year rent change of 7.7%. Per bedroom, the median rent as of July '25 in Belleville, MI is 1-bedrooms: $1,130, 2-bedrooms: $1,250, 3-bedrooms: $1,670, 4-bedrooms: $2,500. The most common rental property sizes in Belleville, MI are 2-bedroom and 1-bedroom, accounting for 49.0% and 34.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,230	$1,400
Studio Rent	N/A	N/A
1 Bed Rent	$1,080	$1,130
2 Bed Rent	$1,180	$1,250
3 Bed Rent	$1,480	$1,670
4 Bed Rent	$2,000	$2,500

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% of Rental Stock

Studio

2.2%

1 Bedroom

34.8%

2 Bedrooms

49.0%

3 Bedrooms

12.2%

4 Bedrooms

1.4%

5+ Bedrooms

0.5%

Property Listings — Belleville, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Belleville, MI is 38. This is a decrease of -14.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$389,000	7.0%
Listing Count	109	-4.0%
Listings as % of Homes	0.3%	-4.0%
Days on Market	58	-9.0%

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Demographics — Belleville, MI

As of the latest ACS Survey released in 2023, Belleville, MI has a population of 44,200, which has increased by 8.3% over the past 5 years. Belleville, MI is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 27.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	44,200	8.3%
% Under 18	19.0%	-9.5%
% Seniors	16.7%	21.9%
% WFH	11.9%	213.2%
% w/ College Degree	27.2%	11.5%

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As of the latest ACS Survey released in 2023, Belleville, MI is a predominantly white area, with 66.4% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Belleville, MI is black, making up 21.7% of the population. Foreign-born residents account for 4.4% of the population in Belleville, MI, and this percentage has increased by 18.9% 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	66.4%	-2.5%
% Black	21.7%	-8.4%
% Hispanic	4.2%	35.5%
% Asian	1.9%	72.7%
% Foreign Born	4.4%	18.9%

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Mortgage and Risk — Belleville, MI

According to HUD data as of 2023, there were 842 mortgage originations in Belleville, MI, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Belleville, 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	842
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Belleville, MI

As of 2024, the percent of homes in Belleville, MI under the Section 8 program is 5.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Belleville, MI, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	386
Total Units Section 8	323
% Rentals under Section 8	5.9%
% Occupied Section 8	91.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$40	$1,080	$1,120
2 Bedroom	$230	$1,180	$1,410
3 Bedroom	$250	$1,480	$1,730
4 Bedroom	-$130	$2,000	$1,870

Belleville, MI—48111

Key Metrics at a Glance

Home Price Trends — Belleville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Belleville, MI

% of Rental Stock

Property Listings — Belleville, MI

Demographics — Belleville, MI

Race and Ethnicity

Mortgage and Risk — Belleville, MI

Mortgages

Rentals and Section 8 — Belleville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Belleville, MI

Home Price to Income Ratio

Belleville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Willis, MI

Canton, MI

Huron, MI

Whittaker

Wayne, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$294,000
Median Household Income	$74,100

Belleville, MI—48111

Key Metrics at a Glance

Home Price Trends — Belleville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Belleville, MI

% of Rental Stock

Property Listings — Belleville, MI

Demographics — Belleville, MI

Race and Ethnicity

Mortgage and Risk — Belleville, MI

Mortgages

Rentals and Section 8 — Belleville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Belleville, MI

Home Price to Income Ratio

Belleville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Willis, MI

Canton, MI

Huron, MI

Whittaker

Wayne, MI

Frequently Asked Questions

What is the average home price in Belleville, MI 48111?

How have home prices in Belleville, MI 48111 changed over the past year?

What is the home price projection for Belleville, MI 48111?

What are the demographics of Belleville, MI 48111?

How long does it take homes to sell in Belleville, MI 48111?

What is the average rent price in Belleville, MI 48111?