Seven Mile—45062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Seven Mile
As of Oct '25, the median home price in Seven Mile is $199,000, with a year-over-year change of 3.7%. This indicates that home prices in Seven Mile are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 3.7% |
| Single Family | $199,000 | 4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Seven Mile
Seven Mile lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Seven Mile
As of Oct '25, Realtor.com reports that the median days on market for a home in Seven Mile is 10. This is a decrease of -52.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | -10.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | 0.7% | 0.0% |
Days on Market | 10 | -52.0% |
Demographics — Seven Mile
As of the latest ACS Survey released in 2023, Seven Mile has a population of 667, which has decreased by -2.8% over the past 5 years. Seven Mile is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 667 | -2.8% |
% Under 18 | 20.4% | -24.4% |
% Seniors | 22.0% | 25.7% |
% WFH | 5.0% | -27.5% |
% w/ College Degree | 13.5% | -16.1% |
As of the latest ACS Survey released in 2023, Seven Mile is a predominantly white area, with 95.8% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Seven Mile is hispanic, making up 3.9% of the population. Foreign-born residents account for 0.6% of the population in Seven Mile, and this percentage has decreased by 68.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.8% | 2.0% |
% Black | 0.0% | N/A |
% Hispanic | 3.9% | 1,200.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.6% | -68.4% |
Mortgage and Risk — Seven Mile
Seven Mile lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Seven Mile
Seven Mile lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | N/A | N/A | $1,340 |
| 3 Bedroom | N/A | N/A | $1,780 |
| 4 Bedroom | N/A | N/A | $1,960 |
Affordability — Seven Mile
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $199,000 |
| Median Household Income | $53,600 |