Cass County, Michigan Housing Market
In Cass County, Michigan, the median home value is $218,000, with a median monthly rent of $916. This places Cass County at #1210 nationally out of 3134 counties by median home value, and #23 within Michigan.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,016
- Establishments: 906
- BLS QCEW, 2025
Housing Supply
- Single-family: 140
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 20,842 (avg $90,305)
- Outflow: 20,080 (avg $90,753)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Cass County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 49061 | 254.4 | — | 2025 |
| 2 | 49095 | 302.3 | +31.04% | 2025 |
| 3 | 49130 | 318.2 | +12.85% | 2025 |
| 4 | 49093 | 240.2 | +9.23% | 2025 |
| 5 | 49045 | 213.0 | +6.09% | 2025 |
| 6 | 49099 | 199.1 | -5.86% | 2025 |
| 7 | 49031 | 265.7 | +11.64% | 2025 |
| 8 | 49042 | 205.2 | +11.22% | 2025 |
| 9 | 49112 | 227.7 | +1.24% | 2025 |
| 10 | 49067 | 232.5 | -0.70% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
How Cass County Compares
| Metric | Cass County | Michigan Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $218,000 | $197,292 | $227,706 |
| Median Gross Rent | $916 | $905 | $968 |
| Owner Occupancy Rate | 81.6% | 80.2% | 73.3% |
| Price/Rent Ratio | 19.8 | 17.9 | 18.7 |
Market Analysis
The median home value in Cass County is 10.5% above the Michigan state average and 4.3% below the U.S. national average. The median rent of $916/month is 1.2% above the state average.
With a price-to-rent ratio of 19.8, the buy-vs-rent decision in Cass County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Cass County has an owner-occupancy rate of 81.6%, compared to 80.2% in Michigan and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Whitfield County | Georgia | $218,000 | $971 |
| Aiken County | South Carolina | $218,000 | $1,062 |
| Floyd County | Georgia | $217,900 | $1,014 |
| Yuma County | Arizona | $217,800 | $993 |
| North Slope Borough | Alaska | $218,300 | $1,254 |
Other Counties in Michigan
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Eaton County | $216,900 | $1,092 | 74.2% |
| Marquette County | $216,500 | $949 | 69.6% |
| Mason County | $219,600 | $896 | 78.3% |
| Otsego County | $219,700 | $1,008 | 77.2% |
| Berrien County | $224,300 | $942 | 72.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).