Ashley, MI

Full City Profile · Michigan · Gratiot County County

3.6 /5.0
B+ Good
440 Population 564/sq mi density
$53,750 Median Income $27,670 per capita
$105,000 Home Value $202,817 Zillow
$875 Median Rent 22.2% income on rent
49°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$53,750 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$105,000 home value, $875/mo rent
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher

Housing Overview

Median Home Value
$105,000
63% below
US avg: $281,900
Median Rent
$875/mo
25% below
US avg: $1,163/mo
Homeownership Rate
67.8%
4% above US avg (65.4%)
Total Housing Units
220
Median year built: 1968

Home Value by Source

Census Median
$105,000
Zillow (ZHVI)
$202,817
Redfin Median Sale
$199,000
Median Sale Price
$199,000
Median List Price
$199,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.8%
Owner-Occupied
32.2%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $875/mo

Market Indicators (Redfin)

Median Sale Price
$199,000
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$227

Affordability & Housing Stock

Rent Burden
22.2%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
67.8%

Complete Housing Data

Home Values

Census Median Value$105,000
Zillow Home Value (ZHVI)$202,817
Redfin Median Sale$199,000
Median Sale Price$199,000
Median List Price$199,000
Price Per Sq Ft$227

Rent

Census Median Rent$875
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market0
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$227

Ownership & Stock

Owner-Occupied67.8%
Renter-Occupied32.2%
Homeownership Rate67.8%
Total Housing Units220
Median Year Built1968
Rent Burden22.2%