Ogemaw County, Michigan Housing Market Prices
Ogemaw 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 90% below the Michigan median Among the top 3 cheapest counties in Michigan$14,035
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Median rent 27% below the Michigan median$823
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ogemaw County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $14,035 | $138,713 | $248,835 |
| Price Trend (Annual %) | -15.8% | 8.6% | 7.5% |
| Median Gross Rent | $823 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ogemaw County is about 90% lower than in Michigan. Rent is about 27% 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 Ogemaw County: home prices fell about 15.8% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
Median rent in Ogemaw County rose about 22.8% between 2015 and 2024, from $670 to $823. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Ogemaw County.
Buying the median-priced home in Ogemaw County costs roughly 1.4 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 Ogemaw County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Ogemaw County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $14,035 | $138,713 | $248,835 |
| Median Household Income | $54,179 | $72,977 | $80,455 |
| Price-to-Income Ratio | 0.3 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ogemaw County fell about 81.9%, while median household income rose about 43.1% 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 | Ogemaw County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.2% | 64.6% | 58.5% |
| Rental Rate | 10.0% | 23.6% | 31.2% |
| Vacancy Rate | 38.9% | 11.8% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Ogemaw County has a homeownership rate of 51.2%, lower than the Michigan average of 64.6%. Its housing vacancy rate is 38.9%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Ogemaw County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.20 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1976 | 1972 | 1978 |
| Median Number of Rooms | 5.5 | 5.9 | 5.5 |
The typical housing unit in Ogemaw County was built around 1976. On average, 2.2 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Ogemaw County, MI Housing Compared With Nearby Counties
Ogemaw County, MI is typical in size for this group, 20,885 residents against a local median of 23,737, so the measures below are close to a like for like comparison. The measure that sets Ogemaw County, MI apart most is median home price: $14,035, 89% below the local median of $130,555.
The counties themselves sit within $78,399 of each other on median home price, a tighter band than the gap between any of them and Ogemaw County, MI, which makes it a genuine outlier here rather than one end of a wide local spread. Ogemaw County, MI has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ogemaw County, MI | 20,885 | $14,035 #4/4 | $823 #1/4 | 83.7% #4/4 |
| Gladwin County, MI | 25,693 | $98,213 | $689 | 86.1% |
| Arenac County, MI | 15,076 | $176,613 | $761 | 86.2% |
| Roscommon County, MI | 23,737 | $130,555 | $816 | 85.4% |
Frequently Asked Questions
Common questions about the housing market in Ogemaw County, Michigan.
What is the median home price in Ogemaw County, Michigan?
The median home price in Ogemaw County, Michigan is $14,035, lower than the Michigan average of $138,713.
What is the average home price in Ogemaw County, Michigan?
The typical home price in Ogemaw County, Michigan, reported as the median sale price, is $14,035. 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 Ogemaw County, Michigan?
The median gross rent in Ogemaw County, Michigan is $823 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Ogemaw County in 2020?
In 2020, the median gross rent in Ogemaw County, Michigan was $685 per month.
What is the price-to-rent ratio in Ogemaw County, Michigan?
The price-to-rent ratio in Ogemaw County, Michigan is about 1.4, meaning it would take roughly 1.4 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 Ogemaw County.
Are home prices or rent rising faster in Ogemaw County, Michigan?
Home prices and rent are moving in opposite directions in Ogemaw County: home prices fell about 15.8% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Ogemaw County, Michigan?
51.2% of households in Ogemaw County, Michigan own their home, lower than the Michigan average of 64.6%.
What is the vacancy rate in Ogemaw County, Michigan?
The housing vacancy rate in Ogemaw County, Michigan is 38.9%, higher than the Michigan average of 11.8%.
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