Mecosta County, Michigan Housing Market
In Mecosta County, Michigan, the median home value is $178,900, with a median monthly rent of $934. This places Mecosta County at #1652 nationally out of 3134 counties by median home value, and #40 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: $822
- Establishments: 678
- BLS QCEW, 2025
Housing Supply
- Single-family: 99
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 15,657 (avg $63,369)
- Outflow: 14,637 (avg $63,426)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Mecosta County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 49639 | 209.5 | -19.34% | 2025 |
| 2 | 49631 | 234.6 | +3.74% | 2025 |
| 3 | 49332 | 295.6 | +8.74% | 2025 |
| 4 | 49337 | 245.2 | +11.32% | 2025 |
| 5 | 48850 | 257.0 | +1.30% | 2025 |
| 6 | 49338 | 233.7 | — | 2025 |
| 7 | 49346 | 219.8 | +3.55% | 2025 |
| 8 | 49307 | 237.1 | +4.62% | 2025 |
| 9 | 48886 | 237.2 | +7.23% | 2025 |
| 10 | 49336 | 248.5 | +0.91% | 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.
🔗 Explore Mecosta County on Our Sister Sites
Get the complete picture for Mecosta County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Mecosta County Compares
| Metric | Mecosta County | Michigan Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $178,900 | $197,292 | $227,706 |
| Median Gross Rent | $934 | $905 | $968 |
| Owner Occupancy Rate | 76.9% | 80.2% | 73.3% |
| Price/Rent Ratio | 16.0 | 17.9 | 18.7 |
Market Analysis
The median home value in Mecosta County is 9.3% below the Michigan state average and 21.4% below the U.S. national average. The median rent of $934/month is 3.2% above the state average.
With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Mecosta County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Mecosta County has an owner-occupancy rate of 76.9%, 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 |
|---|---|---|---|
| Franklin County | Georgia | $179,000 | $844 |
| Cuming County | Nebraska | $178,800 | $789 |
| Bedford County | Pennsylvania | $179,000 | $784 |
| Abbeville County | South Carolina | $178,800 | $799 |
| Montgomery County | Missouri | $178,700 | $788 |
Other Counties in Michigan
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wayne County | $178,500 | $1,132 | 64.8% |
| St. Joseph County | $178,300 | $849 | 76.1% |
| Alger County | $176,200 | $714 | 86.3% |
| Hillsdale County | $176,100 | $832 | 82.0% |
| Manistee County | $182,200 | $842 | 85.8% |
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).