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Howell city, MI

ZIP 48843 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48843

Median Home Value
$323,100
Median Rent
$1,116
Affordability Snapshot
$89,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,076/mo PITI).

15%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

24.1 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 48843 in Howell city, MI, a household would need roughly $89,000 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 $2,076. That is roughly in line with the local median household income ($91,620). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
77.2%+18% vs US avg
x
Vacancy Rate
2.9%-72% vs US avg
x
Broadband Access
90.5%+4% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
15.4%-69% vs US avg
x
Mortgage-Free
27.9%-27% vs US avg
x
$323,100
Home Value
$1,116
Rent
1994
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached68.6%
  • 1-unit attached6.3%
  • 2-9 units10.2%
  • 10+ units11.0%
  • Mobile home & other3.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$323,100
Median rent$1,116
Owner-occupied77.2%
Vacant2.9%
Price-to-income3.5x
Est. income to buy$89,000