Housing & Real Estate — Caspian, Michigan
Overview
| Total Housing Units | 383 |
| Occupied | 303 |
| Vacant | 80 |
| Owner-Occupied | 217 |
| Renter-Occupied | 86 |
| Median Home Value (Census) | $79,100 |
| Estimated 2026 | ~$87,000 |
| Median Rent | $620/mo |
| Median Property Tax | $1,125/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | N/A |
| Rent as % of Income | N/A% |
| Severely Rent-Burdened | 35.2% |
Housing Age
| Built 2010 or later | 0 |
| Built 2000-2009 | 4 |
| Built 1990-1999 | 7 |
| Built before 1960 | 268 |
| Median Year Built | 1949 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.