Cedar Springs, MI 49319 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cedar Springs, MI—49319

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$351,000

5.5% YoY Growth

Household Income

$78,200

20.2% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

1.1%

Median Rent

$1,100

8.9% YoY Growth

1-Bed Rent

$899

N/A

2-Bed Rent

$1,100

5.8% YoY Growth

3-Bed Rent

$1,950

N/A

Home Price Trends — Cedar Springs, MI

As of May '26, the median home price in Cedar Springs, MI is $351,000, with a year-over-year change of 5.5%. This indicates that home prices in Cedar Springs, MI are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$351,000	5.5%
Single Family	$353,000	4.7%
Condos	$334,000	7.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cedar Springs, MI

As of July '25, Rentcast reports the average rent in Cedar Springs, MI is $1,540, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Cedar Springs, MI is 1-bedrooms: $899, 2-bedrooms: $1,100, 3-bedrooms: $2,070. The most common rental property sizes in Cedar Springs, MI are 2-bedroom and 3-bedroom, accounting for 52.9% and 24.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,540
Studio Rent	N/A	N/A
1 Bed Rent	$899	$899
2 Bed Rent	$1,100	$1,100
3 Bed Rent	$1,950	$2,070
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

12.0%

2 Bedrooms

52.9%

3 Bedrooms

24.5%

4 Bedrooms

10.6%

Property Listings — Cedar Springs, MI

As of May '26, Realtor.com reports that the median days on market for a home in Cedar Springs, MI is 21. This is a decrease of -3.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$370,000	3.0%
Listing Count	37	-10.0%
Listings as % of Homes	0.4%	-10.0%
Days on Market	21	-3.0%

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Demographics — Cedar Springs, MI

As of the latest ACS Survey released in 2023, Cedar Springs, MI has a population of 18,700, which has increased by 10.9% over the past 5 years. Cedar Springs, MI is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,700	10.9%
% Under 18	23.2%	-9.0%
% Seniors	14.4%	27.4%
% WFH	8.2%	256.5%
% w/ College Degree	20.2%	2.5%

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As of the latest ACS Survey released in 2023, Cedar Springs, MI is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Cedar Springs, MI is hispanic, making up 6.5% of the population. Foreign-born residents account for 1.1% of the population in Cedar Springs, MI, and this percentage has decreased by 35.3% 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	88.8%	-4.3%
% Black	0.7%	-12.5%
% Hispanic	6.5%	97.0%
% Asian	0.2%	-71.4%
% Foreign Born	1.1%	-35.3%

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Mortgage and Risk — Cedar Springs, MI

According to HUD data as of 2023, there were 413 mortgage originations in Cedar Springs, MI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Cedar Springs, MI. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	413
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Cedar Springs, MI

Cedar Springs, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	83
Total Units Section 8	83
% Rentals under Section 8	12.3%
% Occupied Section 8	81.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$211	$899	$1,110
2 Bedroom	$230	$1,100	$1,330
3 Bedroom	-$220	$1,950	$1,730
4 Bedroom	N/A	N/A	$1,900

Cedar Springs, MI—49319

Key Metrics at a Glance

Home Price Trends — Cedar Springs, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cedar Springs, MI

% of Rental Stock

Property Listings — Cedar Springs, MI

Demographics — Cedar Springs, MI

Race and Ethnicity

Mortgage and Risk — Cedar Springs, MI

Mortgages

Rentals and Section 8 — Cedar Springs, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Cedar Springs, MI

Home Price to Income Ratio

Cedar Springs, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Sand Lake, MI

Rockford, MI

Pierson, MI

Belmont, MI

Howard City, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$351,000
Median Household Income	$78,200

Cedar Springs, MI—49319

Key Metrics at a Glance

Home Price Trends — Cedar Springs, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cedar Springs, MI

% of Rental Stock

Property Listings — Cedar Springs, MI

Demographics — Cedar Springs, MI

Race and Ethnicity

Mortgage and Risk — Cedar Springs, MI

Mortgages

Rentals and Section 8 — Cedar Springs, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Cedar Springs, MI

Home Price to Income Ratio

Cedar Springs, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Sand Lake, MI

Rockford, MI

Pierson, MI

Belmont, MI

Howard City, MI

Frequently Asked Questions

What is the average home price in Cedar Springs, MI 49319?

How have home prices in Cedar Springs, MI 49319 changed over the past year?

What is the home price projection for Cedar Springs, MI 49319?

What are the demographics of Cedar Springs, MI 49319?

How long does it take homes to sell in Cedar Springs, MI 49319?

What is the average rent price in Cedar Springs, MI 49319?