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Corunna city, MI

ZIP 48817 — 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 48817

Median Home Value
$164,200
Median Rent
$801
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,055/mo PITI).

17%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.1 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 48817 in Corunna city, MI, a household would need roughly $45,000 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 $1,055. That sits below the local median household income ($57,468), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
73.3%+12% vs US avg
x
Vacancy Rate
5.4%-47% vs US avg
x
Broadband Access
79.5%-9% vs US avg
x
4+ Bedrooms
10.8%-27% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
12.8%-74% vs US avg
x
Mortgage-Free
45.4%+19% vs US avg
x
$164,200
Home Value
$801
Rent
1969
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached79.4%
  • 1-unit attached2.6%
  • 2-9 units10.1%
  • 10+ units7.8%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$164,200
Median rent$801
Owner-occupied73.3%
Vacant5.4%
Price-to-income2.9x
Est. income to buy$45,000