Atlantic Mine, MI—49905
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Atlantic Mine, MI
As of Oct '25, the median home price in Atlantic Mine, MI is $194,000, with a year-over-year change of -3.6%. This indicates that home prices in Atlantic Mine, MI are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $194,000 | -3.6% |
| Single Family | $194,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Atlantic Mine, MI
Atlantic Mine, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,550 | $1,590 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Atlantic Mine, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Atlantic Mine, MI is 62. This is a decrease of -55.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | -6.0% |
Listing Count | 6 | -8.0% |
| Listings as % of Homes | 0.2% | -8.0% |
Days on Market | 62 | -55.0% |
Demographics — Atlantic Mine, MI
As of the latest ACS Survey released in 2023, Atlantic Mine, MI has a population of 2,140, which has increased by 11.4% over the past 5 years. Atlantic Mine, MI is a popular place for families, as children make up 31.9% of the population. The area has a moderately educated workforce, with 43.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,140 | 11.4% |
% Under 18 | 31.9% | -4.8% |
% Seniors | 13.6% | 21.4% |
% WFH | 5.5% | -9.8% |
% w/ College Degree | 43.7% | 63.7% |
As of the latest ACS Survey released in 2023, Atlantic Mine, MI is a predominantly white area, with 98.3% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Atlantic Mine, MI is hispanic, making up 1.1% of the population. Foreign-born residents account for 0.7% of the population in Atlantic Mine, MI, and this percentage has increased by 16.7% 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 | 98.3% | 0.6% |
% Black | 0.1% | -50.0% |
% Hispanic | 1.1% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | 16.7% |
Mortgage and Risk — Atlantic Mine, MI
According to HUD data as of 2023, there were 23 mortgage originations in Atlantic Mine, MI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Atlantic Mine, MI. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Atlantic Mine, MI
Atlantic Mine, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $940 |
| 2 Bedroom | -$420 | $1,550 | $1,130 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Atlantic Mine, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $194,000 |
| Median Household Income | $76,600 |