Edmore, MI—48829
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Edmore, MI
As of Nov '25, the median home price in Edmore, MI is $184,000, with a year-over-year change of 3.8%. This indicates that home prices in Edmore, MI are increasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $184,000 | 3.8% |
| Single Family | $185,000 | 5.1% |
| 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 | $195,000 | 3.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Edmore, MI
As of July '25, Rentcast reports the average rent in Edmore, MI is $995, with a year-over-year rent change of 14.2%. Per bedroom, the median rent as of July '25 in Edmore, MI is 2-bedrooms: $995. The most common rental property sizes in Edmore, MI are 2-bedroom and 3-bedroom, accounting for 32.8% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $995 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $995 | $995 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Edmore, MI
As of Nov '25, Realtor.com reports that the median days on market for a home in Edmore, MI is 65. This is a increase of 28.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $249,000 | -7.0% |
Listing Count | 9 | -36.0% |
| Listings as % of Homes | 0.5% | -36.0% |
Days on Market | 65 | 28.0% |
Demographics — Edmore, MI
As of the latest ACS Survey released in 2023, Edmore, MI has a population of 3,460, which has remained stable by 0.9% over the past 5 years. Edmore, MI is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,460 | 0.9% |
% Under 18 | 25.7% | 10.8% |
% Seniors | 18.3% | 21.2% |
% WFH | 5.8% | 26.1% |
% w/ College Degree | 13.5% | 27.4% |
As of the latest ACS Survey released in 2023, Edmore, MI is a predominantly white area, with 93.2% of the population identifying as white. The white population has grown by 3.7% in the last 5 years. The second most common race or ethnicity in Edmore, MI is hispanic, making up 3.4% of the population. Foreign-born residents account for 2.4% of the population in Edmore, MI, and this percentage has increased by 100.0% 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 | 93.2% | 3.7% |
% Black | 0.7% | ∞% |
% Hispanic | 3.4% | -54.7% |
% Asian | 0.6% | ∞% |
% Foreign Born | 2.4% | 100.0% |
Mortgage and Risk — Edmore, MI
According to HUD data as of 2023, there were 63 mortgage originations in Edmore, MI, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Edmore, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Rentals and Section 8 — Edmore, MI
Edmore, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 50 |
Total Units Section 8 | 50 |
% Rentals under Section 8 | 24.5% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | -$65 | $995 | $930 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Edmore, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $184,000 |
| Median Household Income | $61,100 |