Ionia County, Michigan Housing Market Prices
Ionia 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.
-
Median home price 41% below the Michigan median Cheaper than 88% of counties in Michigan$82,024
-
Median rent 22% below the Michigan median$883
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ionia County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $82,024 | $138,713 | $248,835 |
| Price Trend (Annual %) | -0.5% | 8.6% | 7.5% |
| Median Gross Rent | $883 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ionia County is about 41% lower than in Michigan. Rent is about 22% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Ionia County: home prices fell about 0.5% a year while rent rose about 3.0% a year. That is an unusual pattern worth watching.
Median rent in Ionia County rose about 27.1% between 2015 and 2024, from $695 to $883. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 1.1 yearly household incomes in Ionia County.
Buying the median-priced home in Ionia County costs roughly 7.7 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 Ionia County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Ionia County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $82,024 | $138,713 | $248,835 |
| Median Household Income | $75,790 | $72,977 | $80,455 |
| Price-to-Income Ratio | 1.1 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ionia County fell about 1.2%, while median household income rose about 51.3% 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 | Ionia County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.6% | 64.6% | 58.5% |
| Rental Rate | 21.3% | 23.6% | 31.2% |
| Vacancy Rate | 6.1% | 11.8% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Ionia County has a homeownership rate of 72.6%, higher than the Michigan average of 64.6%. Its housing vacancy rate is 6.1%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Ionia County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.71 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1970 | 1972 | 1978 |
| Median Number of Rooms | 6.3 | 5.9 | 5.5 |
The typical housing unit in Ionia County was built around 1970. On average, 2.7 people live in a home with about 6.3 rooms, staying for about 16.0 years on average.
Ionia County, MI Housing Compared With Nearby Counties
Ionia County, MI is the 5th largest of the 6 counties compared here, 66,574 residents against a local median of 79,626. The measure that sets Ionia County, MI apart most is median home price: $82,024, 51% below the local median of $165,901.
Median rent tells the same story from another angle: $883 against a local median of $1,091, 19% below it. The counties themselves spread $86,869 on median home price, so Ionia County, MI sits at one end of an already wide local range rather than apart from it. Ionia County, MI has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ionia County, MI | 66,574 | $82,024 #6/6 | $883 #5/6 | 77.3% #4/6 |
| Montcalm County, MI | 67,816 | $188,888 | $868 | 83.1% |
| Barry County, MI | 63,409 | $157,432 | $971 | 87.3% |
| Eaton County, MI | 109,130 | $136,642 | $1,091 | 74.2% |
| Clinton County, MI | 79,626 | $165,901 | $1,092 | 82.2% |
| Kent County, MI | 662,843 | $223,510 | $1,242 | 70.3% |
Frequently Asked Questions
Common questions about the housing market in Ionia County, Michigan.
What is the median home price in Ionia County, Michigan?
The median home price in Ionia County, Michigan is $82,024, lower than the Michigan average of $138,713.
What is the average home price in Ionia County, Michigan?
The typical home price in Ionia County, Michigan, reported as the median sale price, is $82,024. 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 Ionia County, Michigan?
The median gross rent in Ionia County, Michigan is $883 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Ionia County in 2020?
In 2020, the median gross rent in Ionia County, Michigan was $781 per month.
What is the price-to-rent ratio in Ionia County, Michigan?
The price-to-rent ratio in Ionia County, Michigan is about 7.7, meaning it would take roughly 7.7 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 Ionia County.
Are home prices or rent rising faster in Ionia County, Michigan?
Home prices and rent are moving in opposite directions in Ionia County: home prices fell about 0.5% a year while rent rose about 3.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Ionia County, Michigan?
72.6% of households in Ionia County, Michigan own their home, higher than the Michigan average of 64.6%.
What is the vacancy rate in Ionia County, Michigan?
The housing vacancy rate in Ionia County, Michigan is 6.1%, lower than the Michigan average of 11.8%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →