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Buchanan, MI
Full City Profile · Michigan · St. Joseph County County
3.0
/5.0
B
Good
4,259
Population
1,690/sq mi density
$54,068
Median Income
$26,687 per capita
$138,400
Home Value
$216,633 Zillow
$952
Median Rent
27.6% income on rent
50°F
Avg Temperature
275 sunny days/yr
491
Violent Crime/100K
2,527 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$54,068 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$138,400 home value, $952/mo rent
F
Safety
1.0 / 5.0
491 violent crimes/100K (29% above avg)
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Housing Overview
Median Home Value
$138,400
51% below
US avg: $281,900
Median Rent
$952/mo
18% below
US avg: $1,163/mo
Homeownership Rate
56.0%
14% below US avg (65.4%)
Total Housing Units
2,204
Median year built: 1961
Home Value by Source
Census Median
$138,400
Zillow (ZHVI)
$216,633
Median Sale Price
$225,000
Median List Price
$141,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.0%
Owner-Occupied
44.0%
Renter-Occupied
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:
$952/mo
Market Indicators (Redfin)
Median Days on Market
97 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$140
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
56.0%
Complete Housing Data
Home Values
| Census Median Value | $138,400 |
| Zillow Home Value (ZHVI) | $216,633 |
| Median Sale Price | $225,000 |
| Median List Price | $141,000 |
| Price Per Sq Ft | $140 |
Rent
| Census Median Rent | $952 |
| 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 Market | 97 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.4% |
| Homes Sold | 5 |
| Active Inventory | 13 |
| Price Per Sq Ft | $140 |
Ownership & Stock
| Owner-Occupied | 56.0% |
| Renter-Occupied | 44.0% |
| Homeownership Rate | 56.0% |
| Total Housing Units | 2,204 |
| Median Year Built | 1961 |
| Rent Burden | 27.6% |