Sawyer, MI—49125
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sawyer, MI
As of Oct '25, the median home price in Sawyer, MI is $420,000, with a year-over-year change of 2.1%. This indicates that home prices in Sawyer, MI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $420,000 | 2.1% |
| Single Family | $419,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $278,000 | 3.0% |
3 Bed | $407,000 | 1.0% |
4 Bed | $683,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sawyer, MI
Sawyer, MI 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 — Sawyer, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Sawyer, MI is 119. This is a increase of 63.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $799,000 | -24.0% |
Listing Count | 15 | 24.0% |
| Listings as % of Homes | 0.6% | 24.0% |
Days on Market | 119 | 63.0% |
Demographics — Sawyer, MI
As of the latest ACS Survey released in 2023, Sawyer, MI has a population of 2,050, which has decreased by -9.8% over the past 5 years. Sawyer, MI is a moderately popular place for families, as children make up 15.2% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,050 | -9.8% |
% Under 18 | 15.2% | 11.8% |
% Seniors | 29.8% | 5.7% |
% WFH | 22.7% | 272.1% |
% w/ College Degree | 30.6% | -10.0% |
As of the latest ACS Survey released in 2023, Sawyer, MI is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Sawyer, MI is black, making up 0.0% of the population. Foreign-born residents account for 3.0% of the population in Sawyer, MI, and this percentage has increased by 172.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.3% | -8.5% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | 172.7% |
Mortgage and Risk — Sawyer, MI
According to HUD data as of 2023, there were 79 mortgage originations in Sawyer, MI, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Sawyer, MI. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 5.0% |
% Second Loans | 53.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Sawyer, MI
Sawyer, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Sawyer, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $420,000 |
| Median Household Income | $79,700 |