Holt, MI—48842
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Holt, MI
As of Oct '25, the median home price in Holt, MI is $264,000, with a year-over-year change of 4.3%. This indicates that home prices in Holt, MI are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $264,000 | 4.3% |
| Single Family | $264,000 | 3.9% |
| Condos | $259,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $195,000 | 6.6% |
3 Bed | $262,000 | 5.2% |
4 Bed | $324,000 | 3.2% |
| 5 Bed | $354,000 | 2.3% |
% of Housing Stock
Rental Trends — Holt, MI
As of July '25, Rentcast reports the average rent in Holt, MI is $1,560, with a year-over-year rent change of 52.9%. Per bedroom, the median rent as of July '25 in Holt, MI is 1-bedrooms: $1,070, 2-bedrooms: $1,420, 3-bedrooms: $2,150, 4-bedrooms: $1,680. The most common rental property sizes in Holt, MI are 2-bedroom and 3-bedroom, accounting for 51.0% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,070 |
| 2 Bed Rent | $1,380 | $1,420 |
| 3 Bed Rent | $1,300 | $2,150 |
| 4 Bed Rent | $1,680 | $1,680 |
% of Rental Stock
Property Listings — Holt, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Holt, MI is 37. 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | 10.0% |
Listing Count | 67 | 36.0% |
| Listings as % of Homes | 0.4% | 36.0% |
Days on Market | 37 | 5.0% |
Demographics — Holt, MI
As of the latest ACS Survey released in 2023, Holt, MI has a population of 21,500, which has decreased by -1.5% over the past 5 years. Holt, MI is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 39.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,500 | -1.5% |
% Under 18 | 21.7% | -10.3% |
% Seniors | 18.2% | 26.4% |
% WFH | 13.7% | 280.6% |
% w/ College Degree | 39.4% | 5.6% |
As of the latest ACS Survey released in 2023, Holt, MI is a predominantly white area, with 75.6% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Holt, MI is black, making up 7.6% of the population. Foreign-born residents account for 5.7% of the population in Holt, MI, and this percentage has increased by 18.8% 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 | 75.6% | -6.7% |
% Black | 7.6% | 1.3% |
% Hispanic | 7.2% | 71.4% |
% Asian | 4.8% | 23.1% |
% Foreign Born | 5.7% | 18.8% |
Mortgage and Risk — Holt, MI
According to HUD data as of 2023, there were 395 mortgage originations in Holt, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Holt, MI. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 395 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Holt, MI
As of 2024, the percent of homes in Holt, MI under the Section 8 program is 11.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Holt, MI, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 333 |
Total Units Section 8 | 333 |
% Rentals under Section 8 | 11.0% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $950 | $980 |
| 2 Bedroom | -$160 | $1,380 | $1,220 |
| 3 Bedroom | $290 | $1,300 | $1,590 |
| 4 Bedroom | -$60 | $1,680 | $1,620 |
Affordability — Holt, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $264,000 |
| Median Household Income | $86,800 |