Ransom, MI housing market
Home prices around Ransom have risen about 46% over the past 5 years.
Home values, sales, trends and how Ransom compares with the towns next door — updated as new data is published.
Home prices up 46% in 5 years
The federal house price index for the ZIP codes around Ransom rose 46% over the past 5 years, slower than across Michigan (52%). Last year prices fell 8.6%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | −8.6% | +90% | +97% |
| 2024 | +11% | +107% | +88% |
| 2023 | +18% | +87% | +76% |
| 2022 | +8.7% | +58% | +64% |
| 2021 | +12% | +45% | +45% |
| 2020 | +8.5% | +30% | +30% |
| 2019 | −1.5% | +20% | +26% |
| 2018 | +11% | +22% | +20% |
| 2017 | +6.6% | +9.5% | +12% |
| 2016 | +7.1% | +2.7% | +5.3% |
| 2015 | +7% | −4.1% | 0% |
| 2014 | −0.4% | −10% | −4.7% |
| 2013 | +1.9% | −10% | −12% |
| 2012 | −3.9% | −12% | −16% |
| 2011 | −4.4% | −8.2% | −16% |
| 2010 | −3.4% | −3.9% | −12% |
| 2009 | −9.6% | −0.6% | −5% |
| 2008 | −2.1% | +10% | +3.5% |
| 2007 | −1.6% | +12% | +11% |
| 2006 | +2% | +14% | +16% |
| 2005 | +2.9% | +12% | +18% |
| 2004 | +5.4% | +8.7% | +14% |
| 2003 | +1.3% | +3.1% | +10% |
| 2002 | +0.9% | +1.8% | +8.3% |
| 2001 | +0.9% | +0.9% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 49266, 49242, 49271, 49288, covering 60% of Ransom’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Ransom and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Ransom | −8.6%† | $1,040 | $71,000 |
| Woodbridge | +14.8%† | $1,000 | $66,786 |
| Jefferson | −19%† | $1,010 | $58,594 |
| Cambria | +8.4%† | $990 | $59,906 |
† FHFA price index change, where Zillow has no home value for the town.
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 $1,040
HUD's Fair Market Rent for a two-bedroom in Ransom is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ransom pay a median of $750, so moving in tends to cost more than staying put.
Studio $720 · 4 bedrooms $1,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49242, 49266, 49271, 49288; Hillsdale County, MI), 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. 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.