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Port Austin village, MI

ZIP 48467 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48467

Median Home Value
$156,700
Median Rent
$578
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,007/mo PITI).

14%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.6 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 48467 in Port Austin village, MI, a household would need roughly $43,000 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 $1,007. That sits below the local median household income ($50,707), 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 57% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.9%+28% vs US avg
x
Vacancy Rate
56.7%+451% vs US avg
x
Broadband Access
81.8%-6% vs US avg
x
4+ Bedrooms
3.6%-75% vs US avg
x
Built Pre-1939
9.4%-26% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
16.3%-67% vs US avg
x
Mortgage-Free
64.1%+68% vs US avg
x
$156,700
Home Value
$578
Rent
1975
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached83.4%
  • 1-unit attached2.2%
  • 2-9 units4.3%
  • 10+ units2.7%
  • Mobile home & other7.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$156,700
Median rent$578
Owner-occupied83.9%
Vacant56.7%
Price-to-income3.1x
Est. income to buy$43,000