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Tustin village, MI

ZIP 49688 — 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 49688

Median Home Value
$163,300
Median Rent
$650
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,049/mo PITI).

12%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.9 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 49688 in Tustin village, MI, a household would need roughly $45,000 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 $1,049. That sits below the local median household income ($66,680), 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 29% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.0%+32% vs US avg
x
Vacancy Rate
29.1%+183% vs US avg
x
Broadband Access
89.1%+2% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
3.4%-74% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
12.9%-74% vs US avg
x
Mortgage-Free
50.3%+32% vs US avg
x
$163,300
Home Value
$650
Rent
1978
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached83.2%
  • 1-unit attached0.3%
  • 2-9 units0.6%
  • 10+ units0.2%
  • Mobile home & other15.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$163,300
Median rent$650
Owner-occupied86.0%
Vacant29.1%
Price-to-income2.4x
Est. income to buy$45,000