The story of this market
The typical home in ZIP 49305 sells for about $112,726, or $85 per square foot.
Prices are up +6.8% from a year ago, so sellers still have some momentum. Homes take about 104 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $873 a month.
ZIP 49305 — Barryton
The 49305 market is a low-cost, cash-flow-oriented area with high vacancy rates and modest appreciation. Current data indicates a buyer's market with properties spending significant time on the market. Note that some search results for this ZIP code were excluded due to confusion with Palm Desert, CA, and only local Michigan data was utilized.
This ZIP is primarily suited for income-focused investors seeking a cash-flow market, as the rent-to-price math is favorable despite modest long-term value growth.
Median prices moved up 6.8% year over year.
Homes spend a median of 104 days on market with 0.1 months of supply — a balanced-paced market.
33% of listings have cut prices · homes sell at 97.1% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 16.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 49305
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The rental market is characterized by high vacancy rates and reliance on HUD fair-market rent estimates due to limited observed market data.
The local economy is largely rural with limited major industrial anchors, showing stability near national unemployment averages.
Data retrieved from Repit and MyTownView census aggregations.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.