Gladstone, MI 49837 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Gladstone, MI—49837

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$203,000

9.5% YoY Growth

Household Income

$65,900

17.9% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

5.1%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Gladstone, MI

As of Nov '25, the median home price in Gladstone, MI is $203,000, with a year-over-year change of 9.5%. This indicates that home prices in Gladstone, MI are increasing. According to Zillow, the 1-year price projection is 5.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$203,000	9.5%
Single Family	$203,000	8.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Gladstone, MI

Gladstone, 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

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% of Rental Stock

Studio

5.7%

1 Bedroom

19.1%

2 Bedrooms

40.0%

3 Bedrooms

27.5%

4 Bedrooms

4.4%

5+ Bedrooms

3.3%

Property Listings — Gladstone, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Gladstone, MI is 49. This is a decrease of -5.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$325,000	18.0%
Listing Count	21	-6.0%
Listings as % of Homes	0.3%	-6.0%
Days on Market	49	-5.0%

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Demographics — Gladstone, MI

As of the latest ACS Survey released in 2023, Gladstone, MI has a population of 10,000, which has increased by 4.8% over the past 5 years. Gladstone, MI is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,000	4.8%
% Under 18	21.9%	-3.9%
% Seniors	22.5%	2.7%
% WFH	6.2%	59.0%
% w/ College Degree	24.2%	-0.8%

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As of the latest ACS Survey released in 2023, Gladstone, MI is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Gladstone, MI is hispanic, making up 0.3% of the population. Foreign-born residents account for 0.4% of the population in Gladstone, MI, and this percentage has decreased by 63.6% 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	93.9%	-0.7%
% Black	0.2%	∞%
% Hispanic	0.3%	-78.6%
% Asian	0.2%	0.0%
% Foreign Born	0.4%	-63.6%

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Mortgage and Risk — Gladstone, MI

According to HUD data as of 2023, there were 40 mortgage originations in Gladstone, MI, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Gladstone, MI. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	40
% Conventional Loans	52.0%
% Government Loans	48.0%
% Investor Loans	0.0%
% Second Loans	3.0%
% Cash Out Refinance	25.0%

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Rentals and Section 8 — Gladstone, MI

Gladstone, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	135
Total Units Section 8	85
% Rentals under Section 8	N/A
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$770
2 Bedroom	N/A	N/A	$1,010
3 Bedroom	N/A	N/A	$1,330
4 Bedroom	N/A	N/A	$1,700

Gladstone, MI—49837

Key Metrics at a Glance

Home Price Trends — Gladstone, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gladstone, MI

% of Rental Stock

Property Listings — Gladstone, MI

Demographics — Gladstone, MI

Race and Ethnicity

Mortgage and Risk — Gladstone, MI

Mortgages

Rentals and Section 8 — Gladstone, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Gladstone, MI

Home Price to Income Ratio

Gladstone, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Wells, MI

Escanaba, MI

Campbell

Rapid River, MI

Bark River, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$203,000
Median Household Income	$65,900

Gladstone, MI—49837

Key Metrics at a Glance

Home Price Trends — Gladstone, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gladstone, MI

% of Rental Stock

Property Listings — Gladstone, MI

Demographics — Gladstone, MI

Race and Ethnicity

Mortgage and Risk — Gladstone, MI

Mortgages

Rentals and Section 8 — Gladstone, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Gladstone, MI

Home Price to Income Ratio

Gladstone, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Wells, MI

Escanaba, MI

Campbell

Rapid River, MI

Bark River, MI

Frequently Asked Questions

What is the average home price in Gladstone, MI 49837?

How have home prices in Gladstone, MI 49837 changed over the past year?

What is the home price projection for Gladstone, MI 49837?

What are the demographics of Gladstone, MI 49837?

How long does it take homes to sell in Gladstone, MI 49837?

What is the average rent price in Gladstone, MI 49837?