Mason County, MI real estate

Market data, tax and rent figures from the 2024 Census survey.

Median home value

$219,600Median home value · Census

Property tax rate

1.06%Below state avg 1.25%Median bill $2,334/yr · Census

Median rent

$8962-bed $929Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Mason County, MI real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Mason County pay a median of $2,334 a year in property taxes on a median home value of $219,600, an effective rate of about 1.06%. The Michigan average is 1.25%, which makes Mason County the #36 lowest-tax of 83 counties in the state with published tax data.

Renters pay a median of $896 a month, and $929 for a two-bedroom. At today's prices a typical home costs about 20 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $220,000 home here comes to about $1,483 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $64,000 a year (the median household here earns $64,748).

Monthly payment on a typical home

$1,483/mo
  • Principal & interest$1,197
  • Property tax$195
  • Insurance (est.)$92

$220,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Mason County by bedrooms

Studio$50144% below state
1 bedroom$71523% below state
2 bedrooms$92920% below state
3 bedrooms$1,14913% below state
4 bedrooms$1,08524% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Mason County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

Other Michigan counties

All Michigan counties compared →

Real estate agent in Mason County?

We find motivated homeowners, qualify them, and book the call onto your calendar.

Book a discovery call

Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.