Branch County, Michigan Housing Market Prices
Branch County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 30% below the Michigan median Cheaper than 83% of counties in Michigan$97,058
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Median rent 15% below the Michigan median$958
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Branch County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $97,058 | $138,713 | $248,835 |
| Price Trend (Annual %) | 6.6% | 8.6% | 7.5% |
| Median Gross Rent | $958 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Branch County is about 30% lower than in Michigan. Rent is about 15% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Branch County, up about 6.6% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Branch County rose about 44.7% between 2015 and 2024, from $662 to $958. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 1.5 yearly household incomes in Branch County.
Buying the median-priced home in Branch County costs roughly 8.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Branch County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Branch County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $97,058 | $138,713 | $248,835 |
| Median Household Income | $64,556 | $72,977 | $80,455 |
| Price-to-Income Ratio | 1.5 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Branch County rose about 19.0%, while median household income rose about 38.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Branch County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.6% | 64.6% | 58.5% |
| Rental Rate | 18.0% | 23.6% | 31.2% |
| Vacancy Rate | 19.4% | 11.8% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Branch County has a homeownership rate of 62.6%, lower than the Michigan average of 64.6%. Its housing vacancy rate is 19.4%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Branch County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1970 | 1972 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Branch County was built around 1970. On average, 2.6 people live in a home with about 6.0 rooms, staying for about 17.0 years on average.
Branch County, MI Housing Compared With Nearby Counties
Branch County, MI is the 4th largest of the 5 counties compared here, 45,300 residents against a local median of 53,311. Nothing separates Branch County, MI sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median rent, 14% above the local median at $958 against $843. Branch County, MI has the 2nd highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Branch County, MI | 45,300 | $97,058 #5/5 | $958 #2/5 | 77.7% #3/5 |
| Calhoun County, MI | 133,799 | $100,765 | $967 | 72.6% |
| LaGrange County, IN | 40,805 | $121,830 | $838 | 83.0% |
| Hillsdale County, MI | 45,654 | $100,000 | $832 | 82.0% |
| St. Joseph County, MI | 60,969 | $165,178 | $849 | 76.1% |
Frequently Asked Questions
Common questions about the housing market in Branch County, Michigan.
What is the median home price in Branch County, Michigan?
The median home price in Branch County, Michigan is $97,058, lower than the Michigan average of $138,713.
What is the average home price in Branch County, Michigan?
The typical home price in Branch County, Michigan, reported as the median sale price, is $97,058. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Branch County, Michigan?
The median gross rent in Branch County, Michigan is $958 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Branch County in 2020?
In 2020, the median gross rent in Branch County, Michigan was $745 per month.
What is the price-to-rent ratio in Branch County, Michigan?
The price-to-rent ratio in Branch County, Michigan is about 8.4, meaning it would take roughly 8.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Branch County.
Are home prices or rent rising faster in Branch County, Michigan?
Both home prices and rent are rising in Branch County, up about 6.6% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Branch County, Michigan?
62.6% of households in Branch County, Michigan own their home, lower than the Michigan average of 64.6%.
What is the vacancy rate in Branch County, Michigan?
The housing vacancy rate in Branch County, Michigan is 19.4%, higher than the Michigan average of 11.8%.
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