Springport, MI 49284 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Springport, MI—49284

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$197,000

2.7% YoY Growth

Household Income

$62,700

9.9% YoY Growth

Days on Market

26.0% Longer YoY

Home Price Forecast

1.5%

Median Rent

$1,050

3.8% YoY Growth

1-Bed Rent

$884

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,050

0.0% YoY Growth

Home Price Trends — Springport, MI

As of Dec '25, the median home price in Springport, MI is $197,000, with a year-over-year change of 2.7%. This indicates that home prices in Springport, MI are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$197,000	2.7%
Single Family	$197,000	2.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Springport, MI

As of July '25, Rentcast reports the average rent in Springport, MI is $1,020, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Springport, MI is 1-bedrooms: $884, 3-bedrooms: $1,060. The most common rental property sizes in Springport, MI are 2-bedroom and 3-bedroom, accounting for 35.2% and 33.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,050	$1,020
Studio Rent	N/A	N/A
1 Bed Rent	$884	$884
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,050	$1,060
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.6%

1 Bedroom

8.8%

2 Bedrooms

35.2%

3 Bedrooms

33.2%

4 Bedrooms

20.2%

Property Listings — Springport, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Springport, MI is 57. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 89.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$212,000	-11.0%
Listing Count	7	26.0%
Listings as % of Homes	0.8%	26.0%
Days on Market	95	26.0%

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Demographics — Springport, MI

As of the latest ACS Survey released in 2023, Springport, MI has a population of 2,440, which has decreased by -22.2% over the past 5 years. Springport, MI is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,440	-22.2%
% Under 18	19.7%	-15.5%
% Seniors	21.8%	32.9%
% WFH	6.8%	119.4%
% w/ College Degree	17.4%	33.8%

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As of the latest ACS Survey released in 2023, Springport, MI is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Springport, MI is hispanic, making up 1.7% of the population. Foreign-born residents account for 1.1% of the population in Springport, MI, and this percentage has increased by 266.7% 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	92.9%	-0.9%
% Black	0.0%	-100.0%
% Hispanic	1.7%	-26.1%
% Asian	0.5%	∞%
% Foreign Born	1.1%	266.7%

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Mortgage and Risk — Springport, MI

According to HUD data as of 2023, there were 82 mortgage originations in Springport, MI, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Springport, MI. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	82
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	0.0%
% Second Loans	5.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Springport, MI

Springport, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$96	$884	$980
2 Bedroom	N/A	N/A	$1,190
3 Bedroom	$490	$1,050	$1,540
4 Bedroom	N/A	N/A	$1,720

Springport, MI—49284

Key Metrics at a Glance

Home Price Trends — Springport, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Springport, MI

% of Rental Stock

Property Listings — Springport, MI

Demographics — Springport, MI

Race and Ethnicity

Mortgage and Risk — Springport, MI

Mortgages

Rentals and Section 8 — Springport, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Springport, MI

Home Price to Income Ratio

Springport, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Albion, MI

Eaton Rapids, MI

Parma, MI

Onondaga, MI

Olivet, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$197,000
Median Household Income	$62,700

Springport, MI—49284

Key Metrics at a Glance

Home Price Trends — Springport, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Springport, MI

% of Rental Stock

Property Listings — Springport, MI

Demographics — Springport, MI

Race and Ethnicity

Mortgage and Risk — Springport, MI

Mortgages

Rentals and Section 8 — Springport, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Springport, MI

Home Price to Income Ratio

Springport, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Albion, MI

Eaton Rapids, MI

Parma, MI

Onondaga, MI

Olivet, MI

Frequently Asked Questions

What is the average home price in Springport, MI 49284?

How have home prices in Springport, MI 49284 changed over the past year?

What is the home price projection for Springport, MI 49284?

What are the demographics of Springport, MI 49284?

How long does it take homes to sell in Springport, MI 49284?

What is the average rent price in Springport, MI 49284?