North Branch, MI 48461 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

North Branch, MI—48461

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$255,000

2.5% YoY Growth

Household Income

$76,600

35.4% YoY Growth

Days on Market

5.0% Longer YoY

Home Price Forecast

2.3%

Median Rent

$825

N/A

1-Bed Rent

$815

N/A

2-Bed Rent

$925

N/A

3-Bed Rent

$1,360

N/A

Home Price Trends — North Branch, MI

As of Nov '25, the median home price in North Branch, MI is $255,000, with a year-over-year change of 2.5%. This indicates that home prices in North Branch, MI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$255,000	2.5%
Single Family	$255,000	2.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Branch, MI

North Branch, MI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$825	$982
Studio Rent	N/A	N/A
1 Bed Rent	$815	$820
2 Bed Rent	$925	$925
3 Bed Rent	$1,360	$1,360
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

21.2%

2 Bedrooms

38.1%

3 Bedrooms

33.2%

4 Bedrooms

6.5%

5+ Bedrooms

1.0%

Property Listings — North Branch, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in North Branch, MI is 55. This is a increase of 5.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$240,000	1.0%
Listing Count	23	-21.0%
Listings as % of Homes	0.6%	-21.0%
Days on Market	55	5.0%

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Demographics — North Branch, MI

As of the latest ACS Survey released in 2023, North Branch, MI has a population of 8,260, which has increased by 2.7% over the past 5 years. North Branch, MI is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,260	2.7%
% Under 18	18.4%	-25.2%
% Seniors	15.1%	5.6%
% WFH	5.3%	152.4%
% w/ College Degree	16.8%	-1.2%

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As of the latest ACS Survey released in 2023, North Branch, MI is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in North Branch, MI is hispanic, making up 3.2% of the population. Foreign-born residents account for 2.2% of the population in North Branch, MI, and this percentage has increased by 340.0% 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	93.9%	-1.6%
% Black	0.1%	-66.7%
% Hispanic	3.2%	10.3%
% Asian	0.0%	N/A
% Foreign Born	2.2%	340.0%

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Mortgage and Risk — North Branch, MI

According to HUD data as of 2023, there were 197 mortgage originations in North Branch, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in North Branch, MI. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	197
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — North Branch, MI

North Branch, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	63
Total Units Section 8	63
% Rentals under Section 8	16.6%
% Occupied Section 8	95.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$105	$815	$920
2 Bedroom	$245	$925	$1,170
3 Bedroom	$80	$1,360	$1,440
4 Bedroom	N/A	N/A	$1,550

North Branch, MI—48461

Key Metrics at a Glance

Home Price Trends — North Branch, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Branch, MI

% of Rental Stock

Property Listings — North Branch, MI

Demographics — North Branch, MI

Race and Ethnicity

Mortgage and Risk — North Branch, MI

Mortgages

Rentals and Section 8 — North Branch, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — North Branch, MI

Home Price to Income Ratio

North Branch, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Clifford, MI

Silverwood, MI

Attica, MI

Fostoria, MI

Columbiaville, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$255,000
Median Household Income	$76,600

North Branch, MI—48461

Key Metrics at a Glance

Home Price Trends — North Branch, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Branch, MI

% of Rental Stock

Property Listings — North Branch, MI

Demographics — North Branch, MI

Race and Ethnicity

Mortgage and Risk — North Branch, MI

Mortgages

Rentals and Section 8 — North Branch, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — North Branch, MI

Home Price to Income Ratio

North Branch, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Clifford, MI

Silverwood, MI

Attica, MI

Fostoria, MI

Columbiaville, MI

Frequently Asked Questions

What is the average home price in North Branch, MI 48461?

How have home prices in North Branch, MI 48461 changed over the past year?

What is the home price projection for North Branch, MI 48461?

What are the demographics of North Branch, MI 48461?

How long does it take homes to sell in North Branch, MI 48461?

What is the average rent price in North Branch, MI 48461?