Housing in Ionia, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$244,900

Median List Price

$169,900

Price Per Sq Ft

$140

Days on Market

74

Active Inventory

9

Months of Supply

1.5

Seller's market

Zillow Home Value

$212,870

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 13.9%List Price 19.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

96.4%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
11.1%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

5

Pending Sales

6

Homes Sold 20.0%New Listings 44.4%Pending 14.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$140

Median List $/SF

$170

Sale $/SF 8.5%List $/SF 17.2%Mar 24Jan 26

Ionia vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Ionia 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

$161,100

Median Rent

$789

Total Housing Units

3,981

Vacancy Rate

3.4%

Owner Occupied

60.4%

Renter Occupied

39.6%

Median Property Tax

$1,966

per year

Monthly Cost (w/ Mortgage)

$1,071

Housing Types

Single Family
67.9%
Multi-Family
30.1%
Mobile Home
2.0%

The current median sale price in Ionia, MI is $244,900 according to Redfin data. Homes spend a median of 74 days on the market. 16.7% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $140. The median rent is $789 per month (Census ACS). About 60.4% of housing units are owner-occupied. The median year homes were built is 1948. There are 3,981 total housing units.