Edwardsburg, MI—49112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Edwardsburg, MI
As of Nov '25, the median home price in Edwardsburg, MI is $285,000, with a year-over-year change of 3.2%. This indicates that home prices in Edwardsburg, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $285,000 | 3.2% |
| Single Family | $286,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $223,000 | 4.7% |
3 Bed | $293,000 | 3.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Edwardsburg, MI
As of July '25, Rentcast reports the average rent in Edwardsburg, MI is $2,200, with a year-over-year rent change of -10.6%. Per bedroom, the median rent as of July '25 in Edwardsburg, MI is 1-bedrooms: $1,100, 2-bedrooms: $1,200, 3-bedrooms: $3,250. The most common rental property sizes in Edwardsburg, MI are 2-bedroom and 3-bedroom, accounting for 39.0% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $3,000 | $3,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Edwardsburg, MI
As of Nov '25, Realtor.com reports that the median days on market for a home in Edwardsburg, MI is 65. This is a decrease of -19.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 12.0% |
Listing Count | 43 | 2.0% |
| Listings as % of Homes | 0.6% | 2.0% |
Days on Market | 65 | -19.0% |
Demographics — Edwardsburg, MI
As of the latest ACS Survey released in 2023, Edwardsburg, MI has a population of 10,400, which has increased by 4.7% over the past 5 years. Edwardsburg, MI is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | 4.7% |
% Under 18 | 24.1% | 6.2% |
% Seniors | 18.6% | 11.4% |
% WFH | 7.2% | 140.0% |
% w/ College Degree | 20.5% | -10.9% |
As of the latest ACS Survey released in 2023, Edwardsburg, MI is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Edwardsburg, MI is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.1% of the population in Edwardsburg, MI, and this percentage has decreased by 50.0% 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 | 90.2% | -3.2% |
% Black | 0.8% | 33.3% |
% Hispanic | 2.4% | 71.4% |
% Asian | 0.5% | -64.3% |
% Foreign Born | 1.1% | -50.0% |
Mortgage and Risk — Edwardsburg, MI
According to HUD data as of 2023, there were 241 mortgage originations in Edwardsburg, MI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Edwardsburg, MI. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 241 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 19.0% |
Rentals and Section 8 — Edwardsburg, MI
Edwardsburg, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,100 | $960 |
| 2 Bedroom | -$140 | $1,200 | $1,060 |
| 3 Bedroom | -$1,650 | $3,000 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Edwardsburg, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $285,000 |
| Median Household Income | $61,900 |