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Fair Plain, MI

Full City Profile · Michigan · Van Buren County County

2.9 /5.0
C+ Fair
6,992 Population 1,626/sq mi density
$55,536 Median Income $30,653 per capita
$147,800 Home Value $148,189 Zillow
$989 Median Rent 33.0% income on rent
50°F Avg Temperature 260 sunny days/yr
2,526 Violent Crime/100K 5,382 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$55,536 median income, 10.8% unemployment
A+
Affordability
5.0 / 5.0
$147,800 home value, $989/mo rent
F
Safety
1.0 / 5.0
2,526 violent crimes/100K (565% above avg)
C+
Education
3.0 / 5.0
24.5% bachelor's degree or higher

Housing Overview

Median Home Value
$147,800
48% below
US avg: $281,900
Median Rent
$989/mo
15% below
US avg: $1,163/mo
Homeownership Rate
73.7%
13% above US avg (65.4%)
Total Housing Units
3,354
Median year built: 1959

Home Value by Source

Census Median
$147,800
Zillow (ZHVI)
$148,189
Median Sale Price
$115,000
Median List Price
$258,400
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.7%
Owner-Occupied
26.3%
Renter-Occupied
74%
26%
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: $989/mo

Market Indicators (Redfin)

Median Days on Market
24 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$92
Active Inventory
24
homes for sale

Affordability & Housing Stock

Rent Burden
33.0%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
73.7%

Complete Housing Data

Home Values

Census Median Value$147,800
Zillow Home Value (ZHVI)$148,189
Median Sale Price$115,000
Median List Price$258,400
Price Per Sq Ft$92

Rent

Census Median Rent$989
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 Market24
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold5
Active Inventory24
Price Per Sq Ft$92

Ownership & Stock

Owner-Occupied73.7%
Renter-Occupied26.3%
Homeownership Rate73.7%
Total Housing Units3,354
Median Year Built1959
Rent Burden33.0%