Burnside, MI housing market
Home prices around Burnside have risen about 40% over the past 5 years. No new homes were permitted in 2007.
Home values, sales, trends and how Burnside compares with the towns next door — updated as new data is published.
Home prices up 40% in 5 years
The federal house price index for the ZIP codes around Burnside rose 40% over the past 5 years, slower than across Michigan (52%). Last year prices rose 4.5%. Carrying the Census median home value forward with that index puts the typical Burnside home at roughly $333,000 today.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +4.5% | +56% | +97% |
| 2024 | +0.1% | +50% | +88% |
| 2023 | +11% | +49% | +76% |
| 2022 | +4.4% | +35% | +64% |
| 2021 | +16% | +29% | +45% |
| 2020 | +1.8% | +12% | +30% |
| 2019 | +7.9% | +9.6% | +26% |
| 2018 | +4.4% | +1.5% | +20% |
| 2017 | +13% | −2.8% | +12% |
| 2016 | +0.5% | −14% | +5.3% |
| 2015 | +9.6% | −14% | 0% |
| 2014 | +2.1% | −22% | −4.7% |
| 2013 | +2.4% | −23% | −12% |
| 2012 | +3.5% | −25% | −16% |
| 2011 | −8.1% | −28% | −16% |
| 2010 | −7.5% | −21% | −12% |
| 2009 | −13% | −15% | −5% |
| 2008 | −6.8% | −2.1% | +3.5% |
| 2007 | −4.6% | +5% | +11% |
| 2006 | +0.1% | +10% | +16% |
| 2005 | +1.8% | +9.9% | +18% |
| 2004 | +1.9% | +7.9% | +14% |
| 2003 | +3.2% | +6% | +10% |
| 2002 | +1% | +2.7% | +8.3% |
| 2001 | +1.6% | +1.6% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 48416, 48453, 48461, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
No new homes permitted in 2007
No permits for new homes were issued in Burnside in 2007. The last year with any was 2006 (5 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2007 | 0 | 0 | 0 | — |
| 2006 | 5 | 5 | 0 | $479,000 |
| 2005 | 8 | 8 | 0 | $945,000 |
| 2004 | 14 | 14 | 0 | $1.4 million |
| 2003 | 17 | 17 | 0 | $1.9 million |
| 2002 | 16 | 16 | 0 | $1.7 million |
| 2001 | 9 | 9 | 0 | $1.4 million |
| 2000 | 10 | 10 | 0 | $689,000 |
Burnside's permit office didn't report to the Census in 2007, so the 2007 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Burnside and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2007 | Median income |
|---|---|---|---|---|---|
| Burnside | — | +4.5%† | $1,060 | 0 | $75,833 |
| Brown City | $231K | +3.4% | $1,060 | — | $58,750 |
| Marlette | $183K | −0.5% | $1,060 | — | $69,167 |
| Goodland | — | +6.2%† | $1,060 | — | $108,063 |
| Maple Valley | — | +6.9%† | $1,050 | — | $60,938 |
| Flynn | — | +4.1%† | $1,060 | — | $53,125 |
† FHFA price index change, where Zillow has no home value for the town.
2.8 years of income
The typical Burnside home costs about 2.8 years of the town's median household income, less than across Michigan (3.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Burnside is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Burnside pay a median of $792, so moving in tends to cost more than staying put. A two-bedroom takes about 17% of the town's median household income.
Studio $750 · 4 bedrooms $1,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48416, 48453, 48461; Detroit-Warren-Livonia, MI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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.