Ashley Real Estate
4 active listings · 8 sold in the past 12mo
$78,500
Median List Price
8
Sold (past 12mo)
53
Avg Days on Market
+6.4%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(4)
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For Sale
1/26
$259,000
6100 S Crapo Road, Ashley, MI 48806
3 bd2 ba1 ac
Single Family
For Sale
1/20
$115,000
275 S Reed Street, Ashley, MI 48806
3 bd2 ba0.40 ac
Mfg Home
For Sale
1/10
$42,000
1 W Wallace Street, Ashley, MI 48806
1.64 ac
Single Family
For Sale
1/10
$30,000
2 W Wallace Street, Ashley, MI 48806
0.72 ac
Single Family
Recently Sold(8)
| Address | Sold Price | Date Sold |
|---|---|---|
| 2854 S Ransom Road, Ashley, MI 48806 | $260,000 | Jun 1, 2026 |
| 0 S Sterling Street, Ashley, MI 48806 | $27,500 | Mar 1, 2026 |
| 208 S Park Street, Ashley, MI 48806 | $199,000 | Feb 16, 2026 |
| 9064 S Ransom Road, Ashley, MI 48806 | $210,000 | Jan 19, 2026 |
| 301 N New Street, Ashley, MI 48806 | $18,000 | Dec 1, 2025 |
| 309 N Herring Street, Ashley, MI 48806 | $120,000 | Nov 25, 2025 |
| 7741 E Garfield Road, Ashley, MI 48806 | $497,000 | Oct 23, 2025 |
| 209 S Park, Ashley, MI 48806 | $155,000 | Sep 11, 2025 |
Frequently Asked Questions about Ashley
How many homes are for sale in Ashley?
There are currently 4 active listings in Ashley. The median asking price is $78,500.
What are home prices like in Ashley?
Based on 8 sales in the past year, homes in Ashley have a median price of $78,500.
What is the average days on market in Ashley?
Over the past year, homes in Ashley spent an average of 53 days on market before selling.
Which school districts cover Ashley?
Ashley is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Ashley may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Ashley real estate market?
With 6.0 months of inventory, Ashley is currently a balanced market. This is based on 4 active listings and 8 sales in the past 12 months.
How are property taxes calculated in Ashley?
Michigan property taxes in Ashley are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Ashley?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Ashley is +6.4%. Shrinking household sizes (from 2.63 to 2.1 persons per household) have increased the number of households needing housing by 13 since 2009 — independent of the 15.1% population decline. This is a secondary demographic indicator, not a primary market measure.