Garden, MI 49835 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Garden, MI—49835

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$202,000

3.1% YoY Growth

Household Income

$53,100

12.2% YoY Growth

Days on Market

228

3.0% Longer YoY

Home Price Forecast

5.7%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Garden, MI

As of Nov '25, the median home price in Garden, MI is $202,000, with a year-over-year change of 3.1%. This indicates that home prices in Garden, MI are increasing. According to Zillow, the 1-year price projection is 5.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$202,000	3.1%
Single Family	$202,000	3.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Garden, MI

Garden, 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

Loading chart...

% of Rental Stock

1 Bedroom

6.9%

2 Bedrooms

51.7%

3 Bedrooms

41.4%

Property Listings — Garden, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Garden, MI is 228. This is a increase of 3.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$850,000	40.0%
Listing Count	3	42.0%
Listings as % of Homes	1.2%	42.0%
Days on Market	228	3.0%

Loading chart...

Demographics — Garden, MI

As of the latest ACS Survey released in 2023, Garden, MI has a population of 735, which has decreased by -19.5% over the past 5 years. Garden, MI is a less popular place for families, as children make up 13.7% of the population. The area has a moderately educated workforce, with 25.1% 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	735	-19.5%
% Under 18	13.7%	-37.2%
% Seniors	33.9%	7.6%
% WFH	10.6%	55.9%
% w/ College Degree	25.1%	45.9%

Loading chart...

As of the latest ACS Survey released in 2023, Garden, MI is a predominantly white area, with 83.0% of the population identifying as white. The white population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in Garden, MI is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.8% of the population in Garden, MI, and this percentage has decreased by 21.7% 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	83.0%	7.4%
% Black	0.4%	300.0%
% Hispanic	2.9%	163.6%
% Asian	1.2%	200.0%
% Foreign Born	1.8%	-21.7%

Loading chart...

Mortgage and Risk — Garden, MI

According to HUD data as of 2023, there were 17 mortgage originations in Garden, MI, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Garden, MI. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	17
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	0.0%
% Second Loans	24.0%
% Cash Out Refinance	18.0%

Loading chart...

Rentals and Section 8 — Garden, MI

Garden, 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	$1,050
2 Bedroom	N/A	N/A	$1,380
3 Bedroom	N/A	N/A	$1,820
4 Bedroom	N/A	N/A	$2,320

Garden, MI—49835

Key Metrics at a Glance

Home Price Trends — Garden, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garden, MI

% of Rental Stock

Property Listings — Garden, MI

Demographics — Garden, MI

Race and Ethnicity

Mortgage and Risk — Garden, MI

Mortgages

Rentals and Section 8 — Garden, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Garden, MI

Home Price to Income Ratio

Garden, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Rapid River, MI

Rapid River, MI

Manistique, MI

Wetmore, MI

Wells, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$202,000
Median Household Income	$53,100

Garden, MI—49835

Key Metrics at a Glance

Home Price Trends — Garden, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garden, MI

% of Rental Stock

Property Listings — Garden, MI

Demographics — Garden, MI

Race and Ethnicity

Mortgage and Risk — Garden, MI

Mortgages

Rentals and Section 8 — Garden, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Garden, MI

Home Price to Income Ratio

Garden, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Rapid River, MI

Rapid River, MI

Manistique, MI

Wetmore, MI

Wells, MI

Frequently Asked Questions

What is the average home price in Garden, MI 49835?

How have home prices in Garden, MI 49835 changed over the past year?

What is the home price projection for Garden, MI 49835?

What are the demographics of Garden, MI 49835?

How long does it take homes to sell in Garden, MI 49835?

What is the average rent price in Garden, MI 49835?