Mendon, MI housing market
The median sale price was $170,000 in May 2026.
Home values, sales, trends and how Mendon compares with the towns next door — updated as new data is published.
Mendon at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 74% in 5 years
The federal house price index for the ZIP code around Mendon rose 74% over the past 5 years, faster than across Michigan (52%). Last year prices rose 13%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +13% | +129% | +97% |
| 2024 | +3.8% | +104% | +88% |
| 2023 | +14% | +96% | +76% |
| 2022 | +9.8% | +73% | +64% |
| 2021 | +19% | +57% | +45% |
| 2020 | +3% | +32% | +30% |
| 2019 | +6% | +28% | +26% |
| 2018 | −6.6% | +21% | +20% |
| 2017 | +9.6% | +29% | +12% |
| 2016 | +11% | +18% | +5.3% |
| 2015 | +13% | +5.8% | 0% |
| 2014 | −3.6% | −6.2% | −4.7% |
| 2013 | −0.7% | −2.8% | −12% |
| 2012 | −8.9% | −2.1% | −16% |
| 2011 | +8.3% | +7.5% | −16% |
| 2010 | −14% | −0.7% | −12% |
| 2009 | −1.5% | +15% | −5% |
| 2008 | +6.2% | +17% | +3.5% |
| 2007 | −8.8% | +10% | +11% |
| 2006 | +2.5% | +21% | +16% |
| 2005 | +4.9% | +18% | +18% |
| 2004 | +6.6% | +13% | +14% |
| 2003 | +0.3% | +5.5% | +10% |
| 2002 | +0.7% | +5.3% | +8.3% |
| 2001 | +4.6% | +4.6% | +5% |
| 2000 | — | — | — |
How Mendon ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 49072, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
No new homes permitted in 2025
No permits for new homes were issued in Mendon in 2025. The last year with any was 2014 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mendon gained 11 residents while 1 new home was permitted: about 11 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.
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) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 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 | 1 | 1 | 0 | $100,000 |
| 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 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 4 | 4 | 0 | $140,000 |
| 2001 | 4 | 4 | 0 | $140,000 |
| 2000 | 4 | 4 | 0 | $140,000 |
Mendon's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Mendon 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.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,090
HUD's Fair Market Rent for a two-bedroom in Mendon is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mendon pay a median of $1,007.
Studio $770 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49072; Kalamazoo-Portage, 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. 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. 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.