Middleville, MI—49333
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Middleville, MI
Middleville, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $351,000 | 4.2% |
| Single Family | $353,000 | 4.1% |
| Condos | $279,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $317,000 | 2.6% |
3 Bed | $347,000 | 4.5% |
4 Bed | $397,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Middleville, MI
As of July '25, Rentcast reports the average rent in Middleville, MI is $1,900, with a year-over-year rent change of 11.8%. Per bedroom, the median rent as of July '25 in Middleville, MI is 2-bedrooms: $1,140, 3-bedrooms: $2,800, 4-bedrooms: $2,400. The most common rental property sizes in Middleville, MI are 2-bedroom and 1-bedroom, accounting for 41.8% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,120 | $1,140 |
| 3 Bed Rent | $2,400 | $2,800 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Middleville, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Middleville, MI is 40. This is a decrease of -9.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $488,000 | 23.0% |
Listing Count | 42 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 40 | -9.0% |
Demographics — Middleville, MI
As of the latest ACS Survey released in 2023, Middleville, MI has a population of 12,400, which has increased by 8.9% over the past 5 years. Middleville, MI is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 33.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | 8.9% |
% Under 18 | 26.8% | -2.2% |
% Seniors | 12.6% | -1.6% |
% WFH | 10.6% | 100.0% |
% w/ College Degree | 33.0% | 25.0% |
As of the latest ACS Survey released in 2023, Middleville, MI is a predominantly white area, with 89.9% 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 Middleville, MI is hispanic, making up 3.2% of the population. Foreign-born residents account for 2.5% of the population in Middleville, MI, and this percentage has increased by 31.6% 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 | 89.9% | -4.3% |
% Black | 0.5% | 0.0% |
% Hispanic | 3.2% | -15.8% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 2.5% | 31.6% |
Mortgage and Risk — Middleville, MI
According to HUD data as of 2023, there were 227 mortgage originations in Middleville, MI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Middleville, MI. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 227 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Middleville, MI
Middleville, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 53 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,100 |
| 2 Bedroom | $200 | $1,120 | $1,320 |
| 3 Bedroom | -$690 | $2,400 | $1,710 |
| 4 Bedroom | -$510 | $2,400 | $1,890 |
Affordability — Middleville, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $351,000 |
| Median Household Income | $95,600 |