Gaines, MI—48436
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Gaines, MI
Home Price Trends — Gaines, MI
As of Nov '25, the median home price in Gaines, MI is $276,000, with a year-over-year change of 5.0%. This indicates that home prices in Gaines, 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 | $276,000 | 5.0% |
| Single Family | $276,000 | 5.7% |
| 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 | $291,000 | 5.1% |
4 Bed | $360,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gaines, MI
Gaines, 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 — Gaines, MI
As of Nov '25, Realtor.com reports that the median days on market for a home in Gaines, MI is 42. This is a decrease of -37.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $449,000 | -1.0% |
Listing Count | 10 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 42 | -37.0% |
Demographics — Gaines, MI
As of the latest ACS Survey released in 2023, Gaines, MI has a population of 4,250, which has increased by 12.5% over the past 5 years. Gaines, MI is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,250 | 12.5% |
% Under 18 | 26.2% | 8.3% |
% Seniors | 12.6% | 0.8% |
% WFH | 4.1% | -31.7% |
% w/ College Degree | 21.1% | 22.7% |
As of the latest ACS Survey released in 2023, Gaines, MI is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Gaines, MI is hispanic, making up 4.1% of the population. Foreign-born residents account for 1.8% of the population in Gaines, MI, and this percentage has increased by 260.0% 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 | 91.3% | -5.9% |
% Black | 0.8% | 0.0% |
% Hispanic | 4.1% | 215.4% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 1.8% | 260.0% |
Mortgage and Risk — Gaines, MI
Gaines, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Gaines, MI
Gaines, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Gaines, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $276,000 |
| Median Household Income | $91,900 |