Frankenmuth, MI—48734
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Frankenmuth, MI
As of Nov '25, the median home price in Frankenmuth, MI is $311,000, with a year-over-year change of 5.1%. This indicates that home prices in Frankenmuth, MI are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $311,000 | 5.1% |
| Single Family | $323,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $223,000 | 3.7% |
3 Bed | $318,000 | 3.2% |
4 Bed | $380,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Frankenmuth, MI
Frankenmuth, 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 — Frankenmuth, MI
As of Nov '25, Realtor.com reports that the median days on market for a home in Frankenmuth, MI is 37. This is a decrease of -25.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $351,000 | -21.0% |
Listing Count | 29 | 38.0% |
| Listings as % of Homes | 0.3% | 38.0% |
Days on Market | 37 | -25.0% |
Demographics — Frankenmuth, MI
As of the latest ACS Survey released in 2023, Frankenmuth, MI has a population of 7,640, which has increased by 1.7% over the past 5 years. Frankenmuth, MI is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 47.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,640 | 1.7% |
% Under 18 | 19.3% | -0.5% |
% Seniors | 26.0% | -9.7% |
% WFH | 13.3% | 171.4% |
% w/ College Degree | 47.8% | 13.5% |
As of the latest ACS Survey released in 2023, Frankenmuth, MI is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Frankenmuth, MI is hispanic, making up 5.1% of the population. Foreign-born residents account for 1.8% of the population in Frankenmuth, MI, and this percentage has increased by 200.0% 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 | 90.9% | -6.6% |
% Black | 2.9% | 1,350.0% |
% Hispanic | 5.1% | 131.8% |
% Asian | 0.5% | ∞% |
% Foreign Born | 1.8% | 200.0% |
Mortgage and Risk — Frankenmuth, MI
According to HUD data as of 2023, there were 127 mortgage originations in Frankenmuth, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Frankenmuth, MI. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 127 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Frankenmuth, MI
Frankenmuth, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Frankenmuth, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $311,000 |
| Median Household Income | $89,200 |