Housing in Inland

A typical Inland home is worth roughly $331,000

Home prices around Inland have risen about 72% over the past 5 years.

#57Fastest-rising home prices in MI All MI rankings →

Typical home value

$331K

▲ 3.6% in a year · MI $266K

Estimate

2-bedroom rent

$1,280

a month, utilities in · HUD

Median tax bill

$2,192

MI $2,904

What kind of housing town is Inland?

Read from the numbers below. The page puts what stands out first.

Prices climbing fast#57 in MI for rising home prices.Pricier than MI24% above the Michigan typical home.Newer homesThe typical home was built around 1996.A town of owners88% of households own their home.

★ What stands out · Price trend

Home prices up 72% in 5 years

The federal house price index for the ZIP codes around Inland rose 72% over the past 5 years, faster than across Michigan (52%). Last year prices rose 3.6%. Carrying the Census median home value forward with that index puts the typical Inland home at roughly $331,000 today.

Inland areaMichigan

+3.6%

past year

+72%

past 5 years

+143%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $331K.

How Inland ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Inland, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 4.1 years of income

More than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$318,000

Typical Inland home $331K

That’s $13K short of a typical Inland home.

The typical home, each month

$1,960

Loan $1,640Tax $230Insurance $100

A two-bedroom rents for about $1,280 a month here, $680 less than owning.

Where your budget reaches nearby

Almira$285K Green Lake$289K Homestead$226K Colfax$166K Long Lake$411K

How Inland ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Inland’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

88% of Inland households own their home

Half of Inland’s homes were built before 1996.

Owners and renters

Own 88%Rent 12%

Michigan: 73% own.

1996

typical home built · MI 1972

$2,192

median property tax bill · MI $2,904

0.83%

of a home’s value, a year in tax · MI 1.25%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,280

Renters already here pay a median of $1,113, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$990

1 bedroom$1,020

2 bedrooms$1,280

3 bedrooms$1,650

4 bedrooms$1,760

12%

of households rent · MI 27%

renter households

50%

of renters spend 30%+ of income on rent · MI 50%

19%

of the median income, for a two-bedroom

$1,113

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Benzie County, MI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Inland vs. its neighbors

Inland is the 2nd priciest of 6 neighboring towns. Tap one to see its housing page.

Long Lake$411K Inland$331K Green Lake$289K Almira$285K Homestead$226K Colfax$166K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Inland	$331K*	+3.6%†	$1,280	$80,759
Almira	$285K*	+5.3%†	$1,510	$90,278
Green Lake	$289K*	+4%†	$1,360	$92,784
Homestead	$226K*	+16.5%†	$1,080	$62,061
Colfax	$166K*	+26.5%†	$1,230	$60,250
Bendon	—	+0.2%†	$1,320	$69,750
Long Lake	$411K*	+2.5%†	$1,470	$96,220

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.

Neighbors talk housing

What Inland buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Inland still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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. 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.