Caspian Housing Information - Census

IndexCaspianMichiganNational
Median home price$55,000$127,800$184,700
Median rent asked$556$799$949
Avg. people per household1.72.52.6
Owner occupied households79.7%70.8%63.6%
Renter occupied households20.3%29.2%36.4%

Caspian Housing Information - Zillow

IndexCaspianMichiganNational
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 Caspian is 70% lower than the national average.
  • The median rent asked in Caspian is 41% lower than the national average.
  • The average number of people per household in Caspian is 36% lower than the national average.
  • The number of owner occupied households in Caspian is 25% higher than the national average.
  • The number of renter occupied households in Caspian is 44% lower than the national average.

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Compare Caspian, 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.
Alpha, MI175$38,30079%
Gaastra, MI355$45,00076%
Iron River, MI2,911$48,20074%
Amasa, MI289$49,10073%
Crystal Falls, MI1,618$65,10065%
Caspian, MI648$55,00070%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Sandy Lake, PA648$118,80036%
Petros, TN648$64,10065%
Longville, LA648$164,40011%
Star Prairie, WI648$137,50026%
Clara, MS648$95,30048%
Caspian, MI648$55,00070%
Source: The Caspian, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.