Mayville, MI 48744 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mayville, MI—48744

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$187,000

8.1% YoY Growth

Household Income

$58,400

20.3% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$700

8.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Mayville, MI

Mayville, MI lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$187,000	8.1%
Single Family	$187,000	8.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Mayville, MI

As of July '25, Rentcast reports the average rent in Mayville, MI is $700, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Mayville, MI is studios: $700. The most common rental property sizes in Mayville, MI are 1-bedroom and 2-bedroom, accounting for 31.1% and 27.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$700	$700
Studio Rent	$700	$700
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

Loading chart...

% of Rental Stock

Studio

2.0%

1 Bedroom

31.1%

2 Bedrooms

27.8%

3 Bedrooms

19.9%

4 Bedrooms

12.6%

5+ Bedrooms

6.6%

Property Listings — Mayville, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Mayville, MI is 52. This is a decrease of -12.0% 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	$275,000	-10.0%
Listing Count	17	-8.0%
Listings as % of Homes	0.7%	-8.0%
Days on Market	52	-12.0%

Loading chart...

Demographics — Mayville, MI

As of the latest ACS Survey released in 2023, Mayville, MI has a population of 4,390, which has increased by 4.9% over the past 5 years. Mayville, MI is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,390	4.9%
% Under 18	17.3%	-3.4%
% Seniors	25.8%	24.0%
% WFH	3.9%	-20.4%
% w/ College Degree	17.7%	39.4%

Loading chart...

As of the latest ACS Survey released in 2023, Mayville, MI is a predominantly white area, with 95.4% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Mayville, MI is hispanic, making up 1.7% of the population. Foreign-born residents account for 1.1% of the population in Mayville, MI, and this percentage has increased by 57.1% 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	95.4%	0.2%
% Black	0.7%	40.0%
% Hispanic	1.7%	-55.3%
% Asian	0.8%	300.0%
% Foreign Born	1.1%	57.1%

Loading chart...

Mortgage and Risk — Mayville, MI

According to HUD data as of 2023, there were 123 mortgage originations in Mayville, MI, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Mayville, MI. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	123
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	4.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

Loading chart...

Rentals and Section 8 — Mayville, MI

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

Section 8 Market Size

Total Units under HUD	6
Total Units Section 8	6
% Rentals under Section 8	4.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$920
2 Bedroom	N/A	N/A	$1,170
3 Bedroom	N/A	N/A	$1,440
4 Bedroom	N/A	N/A	$1,610

Mayville, MI—48744

Key Metrics at a Glance

Home Price Trends — Mayville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mayville, MI

% of Rental Stock

Property Listings — Mayville, MI

Demographics — Mayville, MI

Race and Ethnicity

Mortgage and Risk — Mayville, MI

Mortgages

Rentals and Section 8 — Mayville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Mayville, MI

Home Price to Income Ratio

Mayville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Fostoria, MI

Silverwood, MI

Otter Lake, MI

Clifford, MI

Columbiaville, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$187,000
Median Household Income	$58,400

Mayville, MI—48744

Key Metrics at a Glance

Home Price Trends — Mayville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mayville, MI

% of Rental Stock

Property Listings — Mayville, MI

Demographics — Mayville, MI

Race and Ethnicity

Mortgage and Risk — Mayville, MI

Mortgages

Rentals and Section 8 — Mayville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Mayville, MI

Home Price to Income Ratio

Mayville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Fostoria, MI

Silverwood, MI

Otter Lake, MI

Clifford, MI

Columbiaville, MI

Frequently Asked Questions

What is the average home price in Mayville, MI 48744?

How have home prices in Mayville, MI 48744 changed over the past year?

What is the home price projection for Mayville, MI 48744?

What are the demographics of Mayville, MI 48744?

How long does it take homes to sell in Mayville, MI 48744?

What is the average rent price in Mayville, MI 48744?