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Luna Pier, MI

Full City Profile · Michigan · Monroe County County

2.9 /5.0
C+ Fair
1,204 Population 808/sq mi density
$51,830 Median Income $36,841 per capita
$176,000 Home Value $183,302 Zillow
$397 Median Rent 28.3% income on rent
50°F Avg Temperature 282 sunny days/yr
287 Violent Crime/100K 1,865 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$51,830 median income, 1.8% unemployment
A+
Affordability
4.8 / 5.0
$176,000 home value, $397/mo rent
F
Safety
1.0 / 5.0
287 violent crimes/100K
C+
Education
2.7 / 5.0
20.9% bachelor's degree or higher

Housing Overview

Median Home Value
$176,000
38% below
US avg: $281,900
Median Rent
$397/mo
66% below
US avg: $1,163/mo
Homeownership Rate
79.3%
21% above US avg (65.4%)
Total Housing Units
715
Median year built: 1958

Home Value by Source

Census Median
$176,000
Zillow (ZHVI)
$183,302
Median Sale Price
$176,000
Median List Price
$184,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.3%
Owner-Occupied
20.7%
Renter-Occupied
79%
21%
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: $397/mo

Market Indicators (Redfin)

Median Days on Market
272 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$99
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
79.3%

Complete Housing Data

Home Values

Census Median Value$176,000
Zillow Home Value (ZHVI)$183,302
Median Sale Price$176,000
Median List Price$184,900
Price Per Sq Ft$99

Rent

Census Median Rent$397
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 Market272
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory3
Price Per Sq Ft$99

Ownership & Stock

Owner-Occupied79.3%
Renter-Occupied20.7%
Homeownership Rate79.3%
Total Housing Units715
Median Year Built1958
Rent Burden28.3%