Durand, MI housing market
The typical Durand home is worth about $161,000, down 1.3% in a year, 40% below the Michigan typical home. Homes typically sell in 38 days, below asking.
Home values, sales, trends and how Durand compares with the towns next door — updated as new data is published.
Durand at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Durand | Michigan |
|---|---|---|
| 2017 | $78,000 | $144,000 |
| 2018 | $85,000 | $155,000 |
| 2019 | $96,000 | $165,000 |
| 2020 | $108,000 | $175,000 |
| 2021 | $124,000 | $194,000 |
| 2022 | $140,000 | $217,000 |
| 2023 | $149,000 | $230,000 |
| 2024 | $157,000 | $241,000 |
| 2025 | $167,000 | $253,000 |
| 2026 | $161,000 | $262,000 |
| August 2026 | $161,000 | $266,000 |
3 new homes permitted in 2025
Builders were permitted 3 new homes in Durand 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, Durand has permitted 22 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Durand gained 61 residents with no new homes permitted, so the growth came from existing homes. Across Michigan: 1.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $439,000 |
| 2025 | 3 | 3 | 0 | $478,000 |
| 2024 | 3 | 3 | 0 | $840,000 |
| 2023 | 13 | 13 | 0 | $3.8 million |
| 2022 | 3 | 3 | 0 | $719,000 |
| 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 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $85,000 |
| 2005 | 2 | 2 | 0 | $151,000 |
| 2004 | 2 | 2 | 0 | $236,000 |
| 2003 | 2 | 2 | 0 | $218,000 |
How Durand 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, through August 2026.
Durand and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Durand | $161K | −1.3% | $970 | 3 | $66,743 |
| Vernon | $165K | −1.3% | $980 | 0 | $64,107 |
2.4 years of income
The typical Durand home costs about 2.4 years of the town's median household income, less than across Michigan (3.7 years).
How Durand ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Durand is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Durand pay a median of $851, so moving in tends to cost more than staying put. A two-bedroom takes about 17% of the town's median household income.
Studio $720 · 4 bedrooms $1,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48429; Flint, MI MSA), 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, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.