Norton Shores, MI 49444 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Norton Shores, MI—49444

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$180,000

2.3% YoY Growth

Household Income

$52,100

31.7% YoY Growth

Days on Market

8.0% Longer YoY

Home Price Forecast

2.6%

Median Rent

$1,000

16.7% YoY Growth

1-Bed Rent

$850

22.1% YoY Growth

2-Bed Rent

$950

1.1% YoY Growth

3-Bed Rent

$1,070

30.8% YoY Growth

Home Price Trends — Norton Shores, MI

As of Dec '25, the median home price in Norton Shores, MI is $180,000, with a year-over-year change of 2.3%. This indicates that home prices in Norton Shores, 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	$180,000	2.3%
Single Family	$168,000	2.4%
Condos	$331,000	6.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Norton Shores, MI

As of July '25, Rentcast reports the average rent in Norton Shores, MI is $1,000, with a year-over-year rent change of -16.7%. Per bedroom, the median rent as of July '25 in Norton Shores, MI is 1-bedrooms: $916, 2-bedrooms: $1,000, 3-bedrooms: $1,080. The most common rental property sizes in Norton Shores, MI are 2-bedroom and 3-bedroom, accounting for 41.7% and 39.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,000	$1,000
Studio Rent	N/A	N/A
1 Bed Rent	$850	$916
2 Bed Rent	$950	$1,000
3 Bed Rent	$1,070	$1,080
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.3%

1 Bedroom

12.7%

2 Bedrooms

41.7%

3 Bedrooms

39.6%

4 Bedrooms

3.3%

5+ Bedrooms

0.3%

Property Listings — Norton Shores, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Norton Shores, MI is 47. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$150,000	19.0%
Listing Count	123	27.0%
Listings as % of Homes	0.7%	27.0%
Days on Market	62	8.0%

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Demographics — Norton Shores, MI

As of the latest ACS Survey released in 2023, Norton Shores, MI has a population of 26,200, which has decreased by -12.0% over the past 5 years. Norton Shores, MI is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	26,200	-12.0%
% Under 18	25.5%	9.0%
% Seniors	16.4%	32.3%
% WFH	5.2%	188.9%
% w/ College Degree	17.8%	45.9%

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As of the latest ACS Survey released in 2023, Norton Shores, MI is a predominantly white area, with 59.0% of the population identifying as white. The white population has grown by 6.3% in the last 5 years. The second most common race or ethnicity in Norton Shores, MI is black, making up 31.1% of the population. Foreign-born residents account for 0.9% of the population in Norton Shores, MI, and this percentage has decreased by 40.0% 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	59.0%	6.3%
% Black	31.1%	-9.9%
% Hispanic	3.7%	-31.5%
% Asian	0.4%	-42.9%
% Foreign Born	0.9%	-40.0%

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Mortgage and Risk — Norton Shores, MI

According to HUD data as of 2023, there were 383 mortgage originations in Norton Shores, MI, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Norton Shores, MI. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	383
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Norton Shores, MI

Norton Shores, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	620
Total Units Section 8	280
% Rentals under Section 8	9.0%
% Occupied Section 8	85.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$80	$850	$930
2 Bedroom	$270	$950	$1,220
3 Bedroom	$420	$1,070	$1,490
4 Bedroom	N/A	N/A	$1,620

Norton Shores, MI—49444

Key Metrics at a Glance

Home Price Trends — Norton Shores, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Norton Shores, MI

% of Rental Stock

Property Listings — Norton Shores, MI

Demographics — Norton Shores, MI

Race and Ethnicity

Mortgage and Risk — Norton Shores, MI

Mortgages

Rentals and Section 8 — Norton Shores, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Norton Shores, MI

Home Price to Income Ratio

Norton Shores, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Fruitport, MI

Muskegon, MI

Roosevelt Park, MI

Muskegon, MI

Ferrysburg, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$180,000
Median Household Income	$52,100

Norton Shores, MI—49444

Key Metrics at a Glance

Home Price Trends — Norton Shores, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Norton Shores, MI

% of Rental Stock

Property Listings — Norton Shores, MI

Demographics — Norton Shores, MI

Race and Ethnicity

Mortgage and Risk — Norton Shores, MI

Mortgages

Rentals and Section 8 — Norton Shores, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Norton Shores, MI

Home Price to Income Ratio

Norton Shores, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Fruitport, MI

Muskegon, MI

Roosevelt Park, MI

Muskegon, MI

Ferrysburg, MI

Frequently Asked Questions

What is the average home price in Norton Shores, MI 49444?

How have home prices in Norton Shores, MI 49444 changed over the past year?

What is the home price projection for Norton Shores, MI 49444?

What are the demographics of Norton Shores, MI 49444?

How long does it take homes to sell in Norton Shores, MI 49444?

What is the average rent price in Norton Shores, MI 49444?