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Advertise here →Omena, MI · Market Data
Omena, Michigan real estate market data.
Real estate market data for Omena, MI (Leelanau County) — Census median home value $542,700, county listing prices up about 9.5% over the past year.
Omena, MI is in Leelanau County, Michigan — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 240, with a median household income of $113,611. Census data puts Omena's median home value at $542,700.
At a glance
Omena market snapshot
Population
240
Median Household Income
$113,611
Median Home Value (city)
$542,700
Median Gross Rent
$-666,666,666/mo
Price Trend (YoY)
+9.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Omena different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Omena's median home value — across all owner-occupied homes, not just recent sales — at $542,700.
County Price Trend
Leelanau County's FHFA house price index shows a 9.47% annual change in 2025.
Population & Income
Omena has an estimated population of 240 and a median household income of $113,611, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Omena's Census-reported median home value works out to about 4.8x the area's median household income, and median gross rent runs roughly -7041572% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Omena FAQ
What are home values like in Omena, MI?
The Census Bureau's American Community Survey puts Omena's median home value at $542,700.
What is the population of Omena, MI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Omena's population at approximately 240.
What's the median rent in Omena, MI?
The Census ACS estimates median gross rent in Omena at approximately $-666,666,666 per month.
What is the median household income in Omena, MI?
Census ACS data puts the median household income in Omena at approximately $113,611.
Is the Omena housing market growing?
Leelanau County's FHFA house price index shows a 9.47% annual change in 2025.
Is Omena, MI affordable relative to income?
Census ACS data puts Omena's median home value at about 4.8 times the median household income, with median gross rent equal to roughly -7041572% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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