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Ortonville, MI—48462

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$386,000
3.8% YoY Growth
Household Income
$104,000
11.8% YoY Growth
Days on Market
59
25.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$1,020
1.2% YoY Growth
1-Bed Rent
$600
N/A
2-Bed Rent
$1,020
11.6% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Ortonville, MI

As of Dec '25, the median home price in Ortonville, MI is $386,000, with a year-over-year change of 3.8%. This indicates that home prices in Ortonville, MI are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$386,0003.8%
Single Family $386,0003.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $243,0003.4%
    3 Bed
    $382,0003.5%
    4 Bed
    $453,0003.2%
    5 Bed $519,5023.4%
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    1.6%
    2 Bedrooms
    10.5%
    3 Bedrooms
    60.9%
    4 Bedrooms
    21.1%
    5+ Bedrooms
    4.9%

    Rental Trends — Ortonville, MI

    As of July '25, Rentcast reports the average rent in Ortonville, MI is $1,630, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Ortonville, MI is 1-bedrooms: $688, 2-bedrooms: $1,140. The most common rental property sizes in Ortonville, MI are 2-bedroom and 3-bedroom, accounting for 43.0% and 29.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,020$1,630
    Studio Rent N/AN/A
    1 Bed Rent $600$688
    2 Bed Rent $1,020$1,140
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    17.7%
    1 Bedroom
    4.4%
    2 Bedrooms
    43.0%
    3 Bedrooms
    29.7%
    4 Bedrooms
    5.2%

    Property Listings — Ortonville, MI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Ortonville, MI is 50. This is a increase of 15.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $325,000-20.0%
    Listing Count
    3613.0%
    Listings as % of Homes0.5%13.0%
    Days on Market
    5925.0%
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    Demographics — Ortonville, MI

    As of the latest ACS Survey released in 2023, Ortonville, MI has a population of 13,000, which has decreased by -6.8% over the past 5 years. Ortonville, MI is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 36.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    13,000-6.8%
    % Under 18
    18.8%-20.3%
    % Seniors
    21.7%49.7%
    % WFH
    15.9%329.7%
    % w/ College Degree
    36.5%35.7%
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    As of the latest ACS Survey released in 2023, Ortonville, MI is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Ortonville, MI is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.9% of the population in Ortonville, MI, and this percentage has decreased by 34.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    91.9%-2.2%
    % Black
    0.2%-75.0%
    % Hispanic
    4.8%65.5%
    % Asian
    1.5%87.5%
    % Foreign Born
    1.9%-34.5%
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    Mortgage and Risk — Ortonville, MI

    According to HUD data as of 2023, there were 259 mortgage originations in Ortonville, MI, of which 92.0% 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 Ortonville, MI. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    259
    % Conventional Loans
    92.0%
    % Government Loans
    8.0%
    % Investor Loans
    0.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    17.0%
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    Rentals and Section 8 — Ortonville, MI

    Ortonville, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    8
    Total Units Section 8
    8
    % Rentals under Section 8
    3.2%
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$330$600$930
    2 Bedroom$160$1,020$1,180
    3 BedroomN/AN/A$1,440
    4 BedroomN/AN/A$1,560

    Affordability — Ortonville, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$386,000
    Median Household Income$104,000

    Ortonville, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    48438

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    Frequently Asked Questions