MI area data
Bannister, MI
Bannister, MI.
Population: 658 (Census ACS)
Home values & appreciation
- Median home value
- $190,643
- 1-year appreciation
- +9.1%
- 3-year appreciation
- +11.5%
- 5-year appreciation
- +26.2%
- All-time peak (2026-05)
- $191,808
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $305,500
- Median list price
- $169,995
- Median days on market
- 19 days
- Sale-to-list ratio
- 108.8%
- 1-year forecast
- +2.0%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,261/mo
- 3BR fair-market rent
- $1,639/mo
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- strongWind, winterWeather, coldWave, tornado
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 35.5 in
Walkability & transit
- Walkability index
- 3.0 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Shady Lawn Field (2 mi)
- Nearest major airport
- Capital Region International Airport (LAN) (27 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 3.5 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -7 tax filers
Housing stock
- Median year housing built
- 1,971
- Median annual property tax
- $1,726
- Mean commute to work
- 23 min
- Households with broadband internet
- 47.8%
Employment & development
- Total county employment
- 10,269
- Average weekly wage
- $1,006
- Top industries (by employment)
- Wholesale Trade, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 2
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →