Housing in Gaines, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$361,200

Median List Price

N/A

Price Per Sq Ft

$194

Days on Market

7

Active Inventory

N/A

Zillow Home Value

$396,231

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 102.9%List Price 84.2%Mar 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

103.2%

Seller's market

Sold Above Asking
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 0.0%Pending 50.0%Mar 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$194

Sale $/SF 123.0%List $/SF 184.8%Mar 24Oct 25

Gaines vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Gaines is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$131,900

Median Rent

$734

Total Housing Units

187

Vacancy Rate

3.7%

Owner Occupied

90.6%

Renter Occupied

9.4%

Median Property Tax

$1,697

per year

Monthly Cost (w/ Mortgage)

$924

Housing Types

Single Family
87.2%
Multi-Family
7.0%
Mobile Home
5.9%

The current median sale price in Gaines, MI is $361,200 according to Redfin data. Homes spend a median of 7 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $194. The median rent is $734 per month (Census ACS). About 90.6% of housing units are owner-occupied. The median year homes were built is 1944. There are 187 total housing units.