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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Tecumseh, MI Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Tecumseh, MI Housing Market Trends

With a population of 8,651, 3,790 total housing units (homes and apartments), and a median house value of $234,734, house prices in Tecumseh are solidly below the national average.

Single-family detached homes are the single most common housing type in Tecumseh, accounting for 65.37% of the city's housing units. Other types of housing that are prevalent in Tecumseh include large apartment complexes or high rise apartments ( 14.79%), duplexes, homes converted to apartments or other small apartment buildings ( 12.92%), and a few row houses and other attached homes ( 4.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Tecumseh. Owner-occupied housing accounts for 70.69% of Tecumseh's homes, and 56.44% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Tecumseh built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Tecumseh built between 1940-1969 ( 28.57%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.04%). There's also some housing in Tecumseh built before 1939 ( 12.19%).

Tecumseh Home Appreciation Rates

Appreciation rates for homes in Tecumseh have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.09%, which ranks in the top 40% nationwide. This equates to an annual average Tecumseh house appreciation rate of 7.29%.

Over the last year, Tecumseh appreciation rates have trailed the rest of the nation. In the last twelve months, Tecumseh's appreciation rate has been 4.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Tecumseh were at 0.88%, which equates to an annual appreciation rate of 3.56%.

Relative to Michigan, our data show that Tecumseh's latest annual appreciation rate is lower than 70% of the other cities and towns in Michigan.

Average Home Values

Median Home Value

$234,734

Tecumseh, MI Home Prices
> $1,264,000
$948,001 - $1,264,000
$632,001 - $948,000
$506,001 - $632,000
$379,001 - $506,000
$253,001 - $379,000
$126,001 - $253,000
$63,001 - $126,000
$0 - $63,000
0.4%
0.4%
0.0%
0.0%
2.6%
2.6%
4.3%
4.3%
6.7%
6.7%
25.7%
25.7%
46.5%
46.5%
9.5%
9.5%
4.2%
4.2%
0% 100.0%
% of Homes
Average

for Michigan

Low

for nation

Number of Homes And Apartments:

3,790

Tecumseh Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,489 / per month

Homeownership Rate

Owners
Renters
70.7%
70.7%
29.3%
29.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.3%
4.3%
95.7%
95.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.0%
15.0%
44.2%
44.2%
28.6%
28.6%
12.2%
12.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.4%
65.4%
4.8%
4.8%
12.9%
12.9%
14.8%
14.8%
2.1%
2.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.4%
3.4%
8.6%
8.6%
30.7%
30.7%
42.6%
42.6%
13.8%
13.8%
0.8%
0.8%
0% 100.0%
% of Homes

Popular Neighborhoods in Tecumseh

Zip Codes in Tecumseh, MI