Mason County, Michigan Housing Market
In Mason County, Michigan, the median home value is $219,600, with a median monthly rent of $896. This places Mason County at #1190 nationally out of 3134 counties by median home value, and #22 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: $936
- Establishments: 716
- BLS QCEW, 2025
Housing Supply
- Single-family: 66
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 12,902 (avg $66,989)
- Outflow: 12,166 (avg $66,579)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Mason County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 49449 | 243.3 | — | 2025 |
| 2 | 49454 | 265.1 | -1.99% | 2025 |
| 3 | 49431 | 266.4 | +1.35% | 2025 |
| 4 | 49410 | 340.7 | +60.05% | 2023 |
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 Mason County Compares
| Metric | Mason County | Michigan Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $219,600 | $197,292 | $227,706 |
| Median Gross Rent | $896 | $905 | $968 |
| Owner Occupancy Rate | 78.3% | 80.2% | 73.3% |
| Price/Rent Ratio | 20.4 | 17.9 | 18.7 |
Market Analysis
The median home value in Mason County is 11.3% above the Michigan state average and 3.6% below the U.S. national average. The median rent of $896/month is 1.0% below the state average.
With a price-to-rent ratio of 20.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Mason County has an owner-occupancy rate of 78.3%, 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 |
|---|---|---|---|
| Bremer County | Iowa | $219,600 | $921 |
| Marathon County | Wisconsin | $219,600 | $999 |
| Madison County | Georgia | $219,700 | $972 |
| Otsego County | Michigan | $219,700 | $1,008 |
| Lincoln County | Nevada | $219,500 | $919 |
Other Counties in Michigan
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Otsego County | $219,700 | $1,008 | 77.2% |
| Cass County | $218,000 | $916 | 81.6% |
| Eaton County | $216,900 | $1,092 | 74.2% |
| Marquette County | $216,500 | $949 | 69.6% |
| 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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).