Dryden, MI—48428
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dryden, MI
As of Oct '25, the median home price in Dryden, MI is $378,000, with a year-over-year change of 6.5%. This indicates that home prices in Dryden, 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 | $378,000 | 6.5% |
| Single Family | $378,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $384,000 | 4.9% |
4 Bed | $444,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dryden, MI
Dryden, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 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 — Dryden, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Dryden, MI is 51. This is a increase of 21.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $485,000 | 5.0% |
Listing Count | 16 | 26.0% |
| Listings as % of Homes | 0.2% | 26.0% |
Days on Market | 51 | 21.0% |
Demographics — Dryden, MI
As of the latest ACS Survey released in 2023, Dryden, MI has a population of 5,320, which has increased by 5.1% over the past 5 years. Dryden, MI is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,320 | 5.1% |
% Under 18 | 22.3% | 13.8% |
% Seniors | 17.1% | 11.8% |
% WFH | 12.4% | 134.0% |
% w/ College Degree | 18.5% | -6.1% |
As of the latest ACS Survey released in 2023, Dryden, MI is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Dryden, MI is hispanic, making up 2.2% of the population. Foreign-born residents account for 2.2% of the population in Dryden, MI, and this percentage has increased by 46.7% 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 | 94.2% | -3.0% |
% Black | 0.0% | N/A |
% Hispanic | 2.2% | 10.0% |
% Asian | 0.7% | ∞% |
% Foreign Born | 2.2% | 46.7% |
Mortgage and Risk — Dryden, MI
According to HUD data as of 2023, there were 107 mortgage originations in Dryden, MI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Dryden, MI. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 107 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Dryden, MI
Dryden, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,110 |
| 2 Bedroom | N/A | N/A | $1,400 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | N/A | N/A | $1,860 |
Affordability — Dryden, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $378,000 |
| Median Household Income | $97,600 |