Mattawan, MI—49071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mattawan, MI
Mattawan, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $349,000 | 2.7% |
| Single Family | $349,000 | 2.3% |
| 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 | $323,000 | 3.2% |
4 Bed | $379,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mattawan, MI
As of July '25, Rentcast reports the average rent in Mattawan, MI is $1,900, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in Mattawan, MI is 2-bedrooms: $800, 3-bedrooms: $1,890, 4-bedrooms: $2,300. The most common rental property sizes in Mattawan, MI are 3-bedroom and 1-bedroom, accounting for 65.1% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $800 |
| 3 Bed Rent | $2,000 | $1,890 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — Mattawan, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mattawan, MI is 38. This is a decrease of -10.0% 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 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 | $377,000 | 0.0% |
Listing Count | 41 | -24.0% |
| Listings as % of Homes | 0.7% | -24.0% |
Days on Market | 38 | -10.0% |
Demographics — Mattawan, MI
As of the latest ACS Survey released in 2023, Mattawan, MI has a population of 11,800, which has increased by 19.3% over the past 5 years. Mattawan, MI is a popular place for families, as children make up 27.1% of the population. The area has a moderately educated workforce, with 40.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,800 | 19.3% |
% Under 18 | 27.1% | -6.2% |
% Seniors | 11.9% | -11.9% |
% WFH | 11.3% | 156.8% |
% w/ College Degree | 40.3% | -0.5% |
As of the latest ACS Survey released in 2023, Mattawan, MI is a predominantly white area, with 92.4% of the population identifying as white. The white population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Mattawan, MI is hispanic, making up 3.3% of the population. Foreign-born residents account for 1.9% of the population in Mattawan, MI, and this percentage has decreased by 45.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.4% | 3.5% |
% Black | 0.9% | -10.0% |
% Hispanic | 3.3% | -29.8% |
% Asian | 0.2% | -90.9% |
% Foreign Born | 1.9% | -45.7% |
Mortgage and Risk — Mattawan, MI
According to HUD data as of 2023, there were 462 mortgage originations in Mattawan, MI, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Mattawan, MI. Investor activity is low, as 1.0% 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 | 462 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Mattawan, MI
Mattawan, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | $370 | $800 | $1,170 |
| 3 Bedroom | -$470 | $2,000 | $1,530 |
| 4 Bedroom | -$720 | $2,300 | $1,580 |
Affordability — Mattawan, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $349,000 |
| Median Household Income | $106,000 |