A typical Yates home is worth roughly $133,000
What kind of housing town is Yates?
Read from the numbers below. The page puts what stands out first.
79% of Yates households own their home
Half of Yates’s homes were built before 1975.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A typical home costs 4.4 years of income
More than across Michigan (3.7 years). Try your own numbers below.
That’s $19K short of a typical Yates home.
A two-bedroom rents for about $980 a month here, $160 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Yates’s typical property tax (1.10% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $980
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lake County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Yates vs. its neighbors
Yates is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Yates | $133K* | — | $980 | $30,000 |
| Chase | $197K | +10.6% | $980 | $61,563 |
| Home | — | +10.4%† | $990 | $46,875 |
| Pleasant Plains | $104K* | +2.4%† | $990 | $33,269 |
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 Yates buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. 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.