Brownstown, MI—48173
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brownstown, MI
As of Oct '25, the median home price in Brownstown, MI is $262,000, with a year-over-year change of 4.9%. This indicates that home prices in Brownstown, MI are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $262,000 | 4.9% |
| Single Family | $259,000 | 4.9% |
| Condos | $316,000 | 7.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $172,000 | 2.4% |
3 Bed | $269,000 | 4.7% |
4 Bed | $388,000 | 7.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brownstown, MI
As of July '25, Rentcast reports the average rent in Brownstown, MI is $1,550, with a year-over-year rent change of 8.4%. Per bedroom, the median rent as of July '25 in Brownstown, MI is 2-bedrooms: $1,060, 3-bedrooms: $2,100. The most common rental property sizes in Brownstown, MI are 2-bedroom and 3-bedroom, accounting for 45.8% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,040 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $995 | $1,060 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Brownstown, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Brownstown, MI is 62. This is a decrease of -8.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -28.0% |
Listing Count | 31 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 62 | -8.0% |
Demographics — Brownstown, MI
As of the latest ACS Survey released in 2023, Brownstown, MI has a population of 13,000, which has increased by 2.8% over the past 5 years. Brownstown, MI is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,000 | 2.8% |
% Under 18 | 22.6% | 0.9% |
% Seniors | 19.2% | 36.2% |
% WFH | 9.7% | 410.5% |
% w/ College Degree | 24.4% | 19.0% |
As of the latest ACS Survey released in 2023, Brownstown, MI is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Brownstown, MI is hispanic, making up 6.3% of the population. Foreign-born residents account for 3.1% of the population in Brownstown, MI, and this percentage has decreased by 13.9% 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 | 86.3% | -5.1% |
% Black | 1.7% | 0.0% |
% Hispanic | 6.3% | 40.0% |
% Asian | 2.7% | 285.7% |
% Foreign Born | 3.1% | -13.9% |
Mortgage and Risk — Brownstown, MI
According to HUD data as of 2023, there were 296 mortgage originations in Brownstown, MI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Brownstown, MI. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 296 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Brownstown, MI
Brownstown, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 55 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | $295 | $995 | $1,290 |
| 3 Bedroom | -$520 | $2,100 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Brownstown, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $262,000 |
| Median Household Income | $90,500 |