Kalkaska County, Michigan Housing Market Prices
Kalkaska 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 50% below the Michigan median Cheaper than 90% of counties in Michigan$68,749
-
Median rent 24% below the Michigan median$852
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kalkaska County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $68,749 | $138,713 | $248,835 |
| Price Trend (Annual %) | 3.3% | 8.6% | 7.5% |
| Median Gross Rent | $852 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kalkaska County is about 50% lower than in Michigan. Rent is about 24% 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 Kalkaska County, up about 3.3% and 2.8% a year respectively. Home prices are changing faster.
Median rent in Kalkaska County rose about 20.2% between 2015 and 2024, from $709 to $852. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Kalkaska County.
Buying the median-priced home in Kalkaska County costs roughly 6.7 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 Kalkaska County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Kalkaska County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $68,749 | $138,713 | $248,835 |
| Median Household Income | $68,228 | $72,977 | $80,455 |
| Price-to-Income Ratio | 1.0 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kalkaska County fell about 24.0%, while median household income rose about 55.4% 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 | Kalkaska County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.8% | 64.6% | 58.5% |
| Rental Rate | 7.9% | 23.6% | 31.2% |
| Vacancy Rate | 33.4% | 11.8% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Kalkaska County has a homeownership rate of 58.8%, lower than the Michigan average of 64.6%. Its housing vacancy rate is 33.4%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Kalkaska County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.31 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1981 | 1972 | 1978 |
| Median Number of Rooms | 5.1 | 5.9 | 5.5 |
The typical housing unit in Kalkaska County was built around 1981. On average, 2.3 people live in a home with about 5.1 rooms, staying for about 16.0 years on average.
Kalkaska County, MI Housing Compared With Nearby Counties
Kalkaska County, MI is the smallest of the 4 counties compared here, 18,239 residents against a local median of 24,127. Kalkaska County, MI's median home price, at $68,749, runs 47% below the $130,555 typical of the counties around it.
The counties themselves spread $245,000 on median home price, so Kalkaska County, MI sits at one end of an already wide local range rather than apart from it. Kalkaska County, MI has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kalkaska County, MI | 18,239 | $68,749 #4/4 | $852 #3/4 | 88.2% #1/4 |
| Antrim County, MI | 24,127 | $369,999 | $902 | 86.4% |
| Grand Traverse County, MI | 96,166 | $124,999 | $1,288 | 77.2% |
| Roscommon County, MI | 23,737 | $130,555 | $816 | 85.4% |
Frequently Asked Questions
Common questions about the housing market in Kalkaska County, Michigan.
What is the median home price in Kalkaska County, Michigan?
The median home price in Kalkaska County, Michigan is $68,749, lower than the Michigan average of $138,713.
What is the average home price in Kalkaska County, Michigan?
The typical home price in Kalkaska County, Michigan, reported as the median sale price, is $68,749. 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 Kalkaska County, Michigan?
The median gross rent in Kalkaska County, Michigan is $852 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Kalkaska County in 2020?
In 2020, the median gross rent in Kalkaska County, Michigan was $689 per month.
What is the price-to-rent ratio in Kalkaska County, Michigan?
The price-to-rent ratio in Kalkaska County, Michigan is about 6.7, meaning it would take roughly 6.7 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 Kalkaska County.
Are home prices or rent rising faster in Kalkaska County, Michigan?
Both home prices and rent are rising in Kalkaska County, up about 3.3% and 2.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kalkaska County, Michigan?
58.8% of households in Kalkaska County, Michigan own their home, lower than the Michigan average of 64.6%.
What is the vacancy rate in Kalkaska County, Michigan?
The housing vacancy rate in Kalkaska County, Michigan is 33.4%, higher 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 →