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  4. /Baroda, MI - 49101

Baroda, MI—49101

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$342,000
6.9% YoY Growth
Household Income
$70,200
27.9% YoY Growth
Days on Market
21
57.0% Shorter YoY
Home Price Forecast
2.4%
Median Rent
$1,450
74.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,450
74.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Baroda, MI

As of May '26, the median home price in Baroda, MI is $342,000, with a year-over-year change of 6.9%. This indicates that home prices in Baroda, MI are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$342,0006.9%
Single Family $342,0007.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$245,0007.5%
    3 Bed
    		$325,0005.9%
    4 Bed
    		$424,0007.1%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    1.1%
    2 Bedrooms
    27.2%
    3 Bedrooms
    51.6%
    4 Bedrooms
    17.3%
    5+ Bedrooms
    2.8%

    Rental Trends — Baroda, MI

    As of July '25, Rentcast reports the average rent in Baroda, MI is $1,740, with a year-over-year rent change of 74.2%. Per bedroom, the median rent as of July '25 in Baroda, MI is 3-bedrooms: $1,740. The most common rental property sizes in Baroda, MI are 3-bedroom and 2-bedroom, accounting for 39.6% and 36.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,450$1,740
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,450$1,740
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    8.0%
    2 Bedrooms
    36.4%
    3 Bedrooms
    39.6%
    4 Bedrooms
    9.6%
    5+ Bedrooms
    6.4%

    Property Listings — Baroda, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Baroda, MI is 21. This is a decrease of -57.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$409,00012.0%
    Listing Count
    		9-23.0%
    Listings as % of Homes0.4%-23.0%
    Days on Market
    		21-57.0%
    Loading chart...

    Demographics — Baroda, MI

    As of the latest ACS Survey released in 2023, Baroda, MI has a population of 2,940, which has decreased by -2.8% over the past 5 years. Baroda, MI is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,940-2.8%
    % Under 18
    		20.0%-13.4%
    % Seniors
    		20.1%11.7%
    % WFH
    		12.8%1,322.2%
    % w/ College Degree
    		26.0%32.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Baroda, MI is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Baroda, MI is hispanic, making up 3.7% of the population. Foreign-born residents account for 3.4% of the population in Baroda, MI, and this percentage has increased by 36.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.1%-1.9%
    % Black
    		0.7%250.0%
    % Hispanic
    		3.7%-5.1%
    % Asian
    		1.1%120.0%
    % Foreign Born
    		3.4%36.0%
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    Mortgage and Risk — Baroda, MI

    According to HUD data as of 2023, there were 66 mortgage originations in Baroda, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Baroda, MI. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		66
    % Conventional Loans
    		92.0%
    % Government Loans
    		8.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		11.0%
    % Cash Out Refinance
    		11.0%
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    Rentals and Section 8 — Baroda, MI

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

    Section 8 Market Size

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

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$930
    2 BedroomN/AN/A$1,220
    3 Bedroom$130$1,450$1,580
    4 BedroomN/AN/A$1,620

    Affordability — Baroda, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.2
    Median Home Price$342,000
    Median Household Income$70,200

    Baroda, MI — ZIP Code Boundary Map

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    Frequently Asked Questions