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Owendale village, MI

ZIP 48754 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48754

Median Home Value
$108,300
Median Rent
$529
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$696/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48754 in Owendale village, MI, a household would need roughly $30,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $696. That sits below the local median household income ($71,518), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
90.8%+39% vs US avg
x
Vacancy Rate
15.3%+49% vs US avg
x
Broadband Access
75.3%-13% vs US avg
x
4+ Bedrooms
7.6%-49% vs US avg
x
Built Pre-1939
4.7%-64% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
8.6%-83% vs US avg
x
Mortgage-Free
61.0%+60% vs US avg
x
$108,300
Home Value
$529
Rent
1960
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached92.2%
  • 1-unit attached1.6%
  • 2-9 units0.9%
  • 10+ units0.0%
  • Mobile home & other5.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$108,300
Median rent$529
Owner-occupied90.8%
Vacant15.3%
Price-to-income1.5x
Est. income to buy$30,000