A typical Bangor home is worth roughly $142,000
Home prices around Bangor have risen about 77% over the past 5 years. Builders were permitted 2 new homes in 2025.
What kind of housing town is Bangor?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.9 years of income
Less than across Michigan (3.7 years). Try your own numbers below.
That covers a typical Bangor home, with $38K to spare.
A two-bedroom rents for about $1,000 a month here, $80 more than owning.
How Bangor ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bangor’s typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 77% in 5 years
The federal house price index for the ZIP code around Bangor rose 77% over the past 5 years, faster than across Michigan (52%). Last year prices rose 8.6%. Carrying the Census median home value forward with that index puts the typical Bangor home at roughly $142,000 today.
Carrying the Census median forward with the index puts a typical home at about $142K.
How Bangor ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Bangor, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,000
Renters already here pay a median of $924.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Van Buren County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Bangor in 2025, all single-family houses. That's 0.9 per 1,000 residents, slower than across Michigan (2.3). Over the past 10 years, Bangor has permitted 4 homes in all.
Between the 2010 and 2020 censuses, Bangor gained 131 residents while 4 new homes were permitted: about 33 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Michigan: 1.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $662,000 |
| 2025 | 2 | 2 | 0 | $683,000 |
| 2024 | 2 | 2 | 0 | $641,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $72,000 |
| 2012 | 1 | 1 | 0 | $72,000 |
| 2011 | 1 | 1 | 0 | $72,000 |
| 2010 | 1 | 1 | 0 | $72,000 |
| 2009 | 1 | 1 | 0 | $72,000 |
| 2008 | 1 | 1 | 0 | $72,000 |
| 2007 | 1 | 1 | 0 | $72,000 |
| 2006 | 1 | 1 | 0 | $72,000 |
| 2005 | 2 | 2 | 0 | $144,000 |
| 2004 | 2 | 2 | 0 | $144,000 |
| 2003 | 2 | 2 | 0 | $144,000 |
| 2002 | 2 | 2 | 0 | $144,000 |
| 2001 | 2 | 2 | 0 | $144,000 |
| 2000 | 2 | 2 | 0 | $144,000 |
How Bangor ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
59% of Bangor households own their home
Half of Bangor’s homes were built before 1964.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Bangor vs. its neighbors
The towns that share a border with Bangor. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Bangor | $142K* | +8.6%† | $1,000 | 2 | $49,764 |
| Arlington | $201K* | +7.6%† | $1,000 | 34 | $64,926 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
On the market in Bangor
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Bangor buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.