Pontiac, MI housing supply, ownership, and rent

Start with the dated local finding: Pontiac, MI's current ACS housing baseline includes 28,325 total housing units, 25,617 occupied units, and 2,708 vacant units. In practical terms, those counts can nevertheless help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 2,708 homes were listed for sale or available to rent at one moment. For the decision at hand, reading 28,325 total units with 25,617 occupied and 2,708 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.

A grounded Pontiac, MI comparison starts with current listings and lease offers, then uses the ACS evidence to check whether the sample is being interpreted in the context of 28,325 total units, a vacancy share of 9.6%, and an owner share of 46.6%. For renting, replace the $1,063 median with the actual lease, utilities, deposits, and expected changes. For ownership, keep the 46.6% share as market context while adding the selected property's price, taxes, insurance, maintenance, association obligations, loan disclosures, and cash-to-close. For borrower planning, the resulting worksheet will not turn 53.4% or 46.6% into a recommendation, but it will keep the two paths comparable and make the remaining assumptions visible before a decision.