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Woodland village, MI

ZIP 48897 — 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 48897

Median Home Value
$208,000
Median Rent
$571
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,336/mo PITI).

10%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

30.4 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 48897 in Woodland village, MI, a household would need roughly $57,000 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 $1,336. That sits below the local median household income ($69,674), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
83.8%+28% vs US avg
x
Vacancy Rate
4.7%-54% vs US avg
x
Broadband Access
76.9%-12% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
2.6%-62% vs US avg
x
Rent Burden >30%
18.1%-64% vs US avg
x
Mortgage-Free
39.8%+4% vs US avg
x
$208,000
Home Value
$571
Rent
1938
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached89.7%
  • 1-unit attached0.0%
  • 2-9 units1.9%
  • 10+ units5.9%
  • Mobile home & other2.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$208,000
Median rent$571
Owner-occupied83.8%
Vacant4.7%
Price-to-income3.0x
Est. income to buy$57,000