Allen, MI—49227
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Allen, MI
As of Oct '25, the median home price in Allen, MI is $200,000, with a year-over-year change of 5.3%. This indicates that home prices in Allen, MI are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | 5.3% |
| Single Family | $199,000 | 5.9% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Allen, MI
Allen, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Allen, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Allen, MI is 2. This is a decrease of -17.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | -19.0% |
Listing Count | 1 | -88.0% |
| Listings as % of Homes | 0.5% | -88.0% |
Days on Market | 2 | -17.0% |
Demographics — Allen, MI
As of the latest ACS Survey released in 2023, Allen, MI has a population of 1,210, which has increased by 7.0% over the past 5 years. Allen, MI is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,210 | 7.0% |
% Under 18 | 22.4% | 13.7% |
% Seniors | 22.2% | 26.1% |
% WFH | 10.1% | 260.7% |
% w/ College Degree | 15.2% | 22.6% |
As of the latest ACS Survey released in 2023, Allen, MI is a predominantly white area, with 94.2% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Allen, MI is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.4% of the population in Allen, MI, and this percentage has increased by 7.7% 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 | 94.2% | 0.2% |
% Black | 1.2% | 500.0% |
% Hispanic | 2.4% | -52.9% |
% Asian | 0.1% | -80.0% |
% Foreign Born | 1.4% | 7.7% |
Mortgage and Risk — Allen, MI
Allen, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Allen, MI
Allen, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Allen, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $200,000 |
| Median Household Income | $51,800 |