Caspian, MI Housing Statistics

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B-

75%

Med. Home Val. NAT. AVG.

43%

Rent NAT. AVG.

13%

Owner Occ. NAT. AVG.

Caspian Housing Information

Index	Caspian	Michigan	National
Median home price	$82,048	$235,809	$326,622
Median rent asked	$830	$1,222	$1,444
Avg. people per household	2.1	2.5	2.6
Owner occupied households	72.1%	70.8%	63.6%
Renter occupied households	27.9%	29.2%	36.4%

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Homes For Sale In Caspian, MI

11 E Baltic Ave

Caspian, MI

406 W 4th St

Caspian, MI

4 19th St

Caspian, MI

TBD W Caspian Ave

Caspian, MI

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Housing Quick Facts

The median home price in Caspian is 75% lower than the national average.
The median rent asked in Caspian is 43% lower than the national average.
The average number of people per household in Caspian is 20% lower than the national average.
The number of owner occupied households in Caspian is 13% higher than the national average.
The number of renter occupied households in Caspian is 23% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Alpha, MI	196	$52,474	84%
Gaastra, MI	341	$89,385	73%
Iron River, MI	2,938	$96,816	70%
Amasa, MI	249	$99,813	69%
Crystal Falls, MI	1,690	$120,445	63%
Caspian, MI	511	$82,048	75%

Cities with similar population

	Population	Home Price	National Avg.
Garcon Point, FL	511	$389,164	19%
McCurtain, OK	511	$84,659	74%
Delmar, IA	511	$166,327	49%
Westmoreland, NY	511	$0	100%
Vanderbilt, MI	511	$142,813	56%
Caspian, MI	511	$82,048	75%

Source: The Caspian, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.