Indiantown, MI 49896 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Indiantown, MI—49896

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

N/A

Household Income

$57,000

20.0% YoY Growth

Days on Market

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Indiantown, MI

Indiantown, MI lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Indiantown, MI

Indiantown, 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

1 Bedroom

8.9%

2 Bedrooms

30.8%

3 Bedrooms

33.6%

4 Bedrooms

18.5%

5+ Bedrooms

8.2%

Property Listings — Indiantown, MI

Indiantown, MI lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

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Demographics — Indiantown, MI

As of the latest ACS Survey released in 2023, Indiantown, MI has a population of 1,720, which has remained stable by 0.3% over the past 5 years. Indiantown, MI is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,720	0.3%
% Under 18	27.0%	4.7%
% Seniors	16.8%	35.5%
% WFH	3.2%	-50.0%
% w/ College Degree	17.2%	44.5%

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As of the latest ACS Survey released in 2023, Indiantown, MI is a predominantly white area, with 59.8% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Indiantown, MI is hispanic, making up 4.4% of the population. Foreign-born residents account for 2.2% of the population in Indiantown, MI, and this percentage has increased by 175.0% 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	59.8%	-6.4%
% Black	1.6%	∞%
% Hispanic	4.4%	76.0%
% Asian	1.6%	-20.0%
% Foreign Born	2.2%	175.0%

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Mortgage and Risk — Indiantown, MI

According to HUD data as of 2023, there were 24 mortgage originations in Indiantown, MI, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Indiantown, MI. Investor activity is low, as 0.0% 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	24
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	0.0%
% Second Loans	25.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Indiantown, MI

Indiantown, 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	$750
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,310
4 Bedroom	N/A	N/A	$1,330

Indiantown, MI—49896

Key Metrics at a Glance

Home Price Trends — Indiantown, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Indiantown, MI

% of Rental Stock

Property Listings — Indiantown, MI

Demographics — Indiantown, MI

Race and Ethnicity

Mortgage and Risk — Indiantown, MI

Mortgages

Rentals and Section 8 — Indiantown, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Indiantown, MI

Home Price to Income Ratio

Indiantown, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Powers, MI

Bark River, MI

Spalding, MI

Carney, MI

Nadeau

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$57,000

Indiantown, MI—49896

Key Metrics at a Glance

Home Price Trends — Indiantown, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Indiantown, MI

% of Rental Stock

Property Listings — Indiantown, MI

Demographics — Indiantown, MI

Race and Ethnicity

Mortgage and Risk — Indiantown, MI

Mortgages

Rentals and Section 8 — Indiantown, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Indiantown, MI

Home Price to Income Ratio

Indiantown, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Powers, MI

Bark River, MI

Spalding, MI

Carney, MI

Nadeau

Frequently Asked Questions

What is the average home price in Indiantown, MI 49896?

How have home prices in Indiantown, MI 49896 changed over the past year?

What is the home price projection for Indiantown, MI 49896?

What are the demographics of Indiantown, MI 49896?

How long does it take homes to sell in Indiantown, MI 49896?

What is the average rent price in Indiantown, MI 49896?