Delta County, Michigan Housing Market
In Delta County, Michigan, the median home value is $157,100, with a median monthly rent of $692. This places Delta County at #2087 nationally out of 3134 counties by median home value, and #61 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: $950
- Establishments: 1,014
- BLS QCEW, 2025
Housing Supply
- Single-family: 58
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 15,669 (avg $66,752)
- Outflow: 14,887 (avg $67,210)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Delta County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 49807 | 243.4 | +34.85% | 2025 |
| 2 | 49854 | 197.5 | +16.07% | 2025 |
| 3 | 49829 | 204.4 | +12.90% | 2025 |
| 4 | 49837 | 204.8 | +9.00% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Delta County Compares
| Metric | Delta County | Michigan Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $157,100 | $197,292 | $227,706 |
| Median Gross Rent | $692 | $905 | $968 |
| Owner Occupancy Rate | 82.0% | 80.2% | 73.3% |
| Price/Rent Ratio | 18.9 | 17.9 | 18.7 |
Market Analysis
The median home value in Delta County is 20.4% below the Michigan state average and 31.0% below the U.S. national average. The median rent of $692/month is 23.5% below the state average.
With a price-to-rent ratio of 18.9, the buy-vs-rent decision in Delta County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Delta County has an owner-occupancy rate of 82.0%, 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 |
|---|---|---|---|
| Jackson County | Minnesota | $157,100 | $787 |
| Pontotoc County | Mississippi | $157,100 | $864 |
| St. Clair County | Missouri | $157,100 | $622 |
| Lafayette County | Florida | $157,200 | $896 |
| Wabash County | Indiana | $157,200 | $762 |
Other Counties in Michigan
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Montmorency County | $158,600 | $686 | 87.9% |
| Roscommon County | $158,700 | $816 | 85.4% |
| Osceola County | $155,400 | $807 | 83.7% |
| Ogemaw County | $154,900 | $823 | 83.7% |
| Huron County | $154,300 | $788 | 81.8% |
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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).