Buchanan Housing Information - Census

IndexBuchananMichiganNational
Median home price$105,900$127,800$184,700
Median rent asked$541$799$949
Avg. people per household2.22.52.6
Owner occupied households54.8%70.8%63.6%
Renter occupied households45.2%29.2%36.4%

Buchanan Housing Information - Zillow

IndexBuchananMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in Buchanan is 43% lower than the national average.
  • The median rent asked in Buchanan is 43% lower than the national average.
  • The average number of people per household in Buchanan is 15% lower than the national average.
  • The number of owner occupied households in Buchanan is 14% lower than the national average.
  • The number of renter occupied households in Buchanan is 24% higher than the national average.

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Compare Buchanan, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Notre Dame, IN6,724$0100%
Dowagiac, MI5,863$67,60063%
Niles, MI11,379$76,30059%
South Bend, IN101,037$80,50056%
Roseland, IN489$81,00056%
Buchanan, MI4,388$105,90043%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Lake Wisconsin, WI4,388$269,80046%
Reidland, KY4,388$149,20019%
Santa Teresa, NM4,388$160,80013%
Rogersville, TN4,389$117,20037%
Edgewood, OH4,389$81,70056%
Buchanan, MI4,388$105,90043%
Source: The Buchanan, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.