Essexville Real Estate
8 active listings · 29 sold in the past 12mo
$202,400
Median List Price
29
Sold (past 12mo)
56
Avg Days on Market
-11.0%
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(8)
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For Sale
$1,140,000
1238 W Center Road, Essexville, MI 48732
4 bd4 ba2.71 ac
Single Family
For Sale
1/30
$314,990
1612 Saint Marys Court, Essexville, MI 48732
3 bd3 ba1,780 sqft0.37 ac
Single Family
For Sale
1/13
$265,000
695 Knodt Road, Essexville, MI 48732
3 bd1 ba1.50 ac
Single Family
For Sale
1/36
$209,900
1225 Harding Road, Essexville, MI 48732
3 bd2 ba0.27 ac
Single Family
For Sale
1/16
$194,900
3 Orchard Court, Essexville, MI 48732
2 bd1 ba0.21 ac
Single Family
For Sale
1/15
$170,000
568 W CENTER Road, Essexville, MI 48732
0.53 ac
Multi-Fam
For Sale
1/17
$159,900
1110 Dunbar Street, Essexville, MI 48732
4 bd2 ba0.09 ac
Single Family
For Sale
1/20
$124,900
200 Nebobish Avenue, Essexville, MI 48732
2 bd1 ba0.20 ac
Single Family
Recently Sold(29)
Frequently Asked Questions about Essexville
Are there homes available in Essexville right now?
There are currently 8 active listings in Essexville. The median asking price is $202,400.
How much do homes cost in Essexville?
Homes in Essexville sell for a median of $202,400, drawn from 29 transactions over the past year.
How long do homes stay on the market in Essexville?
The average days on market in Essexville is 56, based on 29 recent transactions.
What schools are in Essexville?
Essexville 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 Essexville may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Essexville?
With 3.3 months of inventory, Essexville is currently a balanced market. This is based on 8 active listings and 29 sales in the past 12 months.
What are property taxes like in Essexville?
Michigan property taxes in Essexville 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 is the Household Formation Gap in Essexville?
Per U.S. Census ACS data, Essexville has a -11.0% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 4.8%, outpacing the effect of shrinking household sizes (2.41 to 2.58). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.