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Grant city, MI

ZIP 49327 — 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 49327

Median Home Value
$189,600
Median Rent
$632
Affordability Snapshot
$52,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,218/mo PITI).

11%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.0 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 49327 in Grant city, MI, a household would need roughly $52,000 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 $1,218. That sits below the local median household income ($68,452), 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
87.3%+34% vs US avg
x
Vacancy Rate
9.4%-9% vs US avg
x
Broadband Access
82.3%-5% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
8.1%-84% vs US avg
x
Mortgage-Free
42.8%+12% vs US avg
x
$189,600
Home Value
$632
Rent
1983
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached79.1%
  • 1-unit attached1.0%
  • 2-9 units1.7%
  • 10+ units1.8%
  • Mobile home & other16.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$189,600
Median rent$632
Owner-occupied87.3%
Vacant9.4%
Price-to-income2.8x
Est. income to buy$52,000