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Free Soil, MI

Full City Profile · Michigan · Manistee County County

2.9 /5.0
C+ Fair
139 Population 134/sq mi density
$50,000 Median Income $25,588 per capita
$91,000 Home Value $247,108 Zillow
$867 Median Rent 27.5% income on rent
48°F Avg Temperature 270 sunny days/yr
329 Violent Crime/100K 4,201 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$50,000 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$91,000 home value, $867/mo rent
F
Safety
1.0 / 5.0
329 violent crimes/100K
F
Education
1.4 / 5.0
5.4% bachelor's degree or higher

Housing Overview

Median Home Value
$91,000
68% below
US avg: $281,900
Median Rent
$867/mo
25% below
US avg: $1,163/mo
Homeownership Rate
82.8%
27% above US avg (65.4%)
Total Housing Units
65
Median year built: 1952

Home Value by Source

Census Median
$91,000
Zillow (ZHVI)
$247,108
Median Sale Price
$175,000
Median List Price
$950,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.8%
Owner-Occupied
17.2%
Renter-Occupied
83%
17%
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: $867/mo

Market Indicators (Redfin)

Median Days on Market
107 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$260
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
82.8%

Complete Housing Data

Home Values

Census Median Value$91,000
Zillow Home Value (ZHVI)$247,108
Median Sale Price$175,000
Median List Price$950,000
Price Per Sq Ft$260

Rent

Census Median Rent$867
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 Market107
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$260

Ownership & Stock

Owner-Occupied82.8%
Renter-Occupied17.2%
Homeownership Rate82.8%
Total Housing Units65
Median Year Built1952
Rent Burden27.5%