Housing in Garden City, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$227,750

Median List Price

$215,000

Price Per Sq Ft

$169

Days on Market

18

Active Inventory

35

Months of Supply

1.8

Seller's market

Zillow Home Value

$193,603

ZHVI — January 2026

Zillow Rent Index

$1,533

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 16.2%List Price 7.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

30.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
30.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
34.3%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

27

Pending Sales

20

Homes Sold 48.7%New Listings 8.0%Pending 25.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$169

Median List $/SF

$164

Sale $/SF 1.2%List $/SF 8.6%Mar 24Jan 26

Garden City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Garden City 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

$162,400

Median Rent

$991

Total Housing Units

11,395

Vacancy Rate

3.3%

Owner Occupied

79.2%

Renter Occupied

20.8%

Median Property Tax

$2,897

per year

Monthly Cost (w/ Mortgage)

$1,034

Housing Types

Single Family
89.1%
Multi-Family
10.6%
Mobile Home
0.4%

The current median sale price in Garden City, MI is $227,750 according to Redfin data. Homes spend a median of 18 days on the market. 30.0% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $169. Zillow's observed rent index is $1,533/month. About 79.2% of housing units are owner-occupied. The median year homes were built is 1957. There are 11,395 total housing units.