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MI area data

Bannister, MI

Bannister, MI.

Population: 658 (Census ACS)

The typical home value in Bannister, MI is $183,518 — up 8.9% over the past year. Homes sell for a median $169,900 after a median 66 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strong wind, winter weather, cold wave the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$183,518

Typical home value

+8.9%

1-year change

66

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$183,518
1-year appreciation
+8.9%
3-year appreciation
+12.3%
5-year appreciation
+24.3%
Peak value since 2000 (May 2026)
$185,112
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$169,900
Median list price
$145,000
Median price per sqft
$137
Median days on market
66 days
Homes sold (recent period)
2
Sale-to-list ratio
102.2%
Active listings
1
1-year forecast
+2.0%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$726/mo
1BR fair-market rent
$778/mo
2BR fair-market rent
$1,018/mo
3BR fair-market rent
$1,344/mo
4BR fair-market rent
$1,454/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strong wind, winter weather, cold wave, tornado
Notable hazard ratings (county)
strong wind: Relatively High · winter weather: Relatively High · tornado: Relatively Moderate · cold wave: Relatively Moderate · hail: Relatively Low · ice storm: Relatively Low
Wildfire risk to homes (county)
Higher than 3% of US counties
Buildings in wildfire direct-exposure zone
39.0%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Gratiot County Landfill (19.5 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
49.0°F
Average high
58.0°F
Average low
40.0°F
Annual precipitation
34.0 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
3.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
813
Jobs reachable by transit (45 min)
1,314

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
31
Nearest airport
Shady Lawn Field (2 mi)
Nearest major airport
Capital Region International Airport (LAN) (27 mi)
Hospitals in or near this ZIP
20
Hospitals include
MYMICHIGAN MEDICAL CENTER ALMA, MCLAREN BAY REGION, TRINITY HEALTH LIVINGSTON HOSPITAL
Avg hospital rating (CMS)
2.8 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-7 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1971
Housing built before 1970
47.7%
Housing built 2000 or later
14.7%
Median annual property tax
$1,726
Mean commute to work
23 min
Households with broadband internet
47.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
10,153
Average weekly wage
$1,086
Top industries (by employment)
Wholesale Trade, Accommodation & Food, Administrative Services
Annual residential building permits (county)
48

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

BannisterState medianUS median
Typical home value$183,518$242,800$288,527
Median sale price$169,900$265,000$325,000
Median days on market66 days36 days51 days
Median annual property tax$1,726$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Bannister, MI?
$183,518.
What is the median sale price in Bannister, MI?
$169,900.
How long do homes take to sell in Bannister, MI?
Median days on market: 66 days.
What is typical rent in Bannister, MI?
2-bedroom fair-market rent: $1,018/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Bannister, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strong wind, winter weather, cold wave, tornado.
What is the wildfire risk in Bannister, MI?
Risk to homes is higher than 3% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Bannister, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Bannister, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Bannister, MI walkable?
Walkability index: 3.0/20 (EPA Smart Location Database).
What is the cost of living in Bannister, MI?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Bannister

Listing a home in Bannister, MI?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents