View in Interactive Map

Scottville, MI—49454

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$219,000
2.9% YoY Growth
Household Income
$56,600
10.3% YoY Growth
Days on Market
28
51.0% Shorter YoY
Home Price Forecast
-0.2%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Scottville, MI

As of May '26, the median home price in Scottville, MI is $219,000, with a year-over-year change of 2.9%. This indicates that home prices in Scottville, MI are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$219,0002.9%
Single Family $219,0003.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    $221,0004.2%
    4 Bed
    N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    6.5%
    2 Bedrooms
    29.3%
    3 Bedrooms
    43.2%
    4 Bedrooms
    16.4%
    5+ Bedrooms
    4.2%

    Rental Trends — Scottville, MI

    Scottville, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    0.5%
    1 Bedroom
    17.0%
    2 Bedrooms
    44.8%
    3 Bedrooms
    28.2%
    4 Bedrooms
    9.1%
    5+ Bedrooms
    0.5%

    Property Listings — Scottville, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Scottville, MI is 28. This is a decrease of -51.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $230,000-25.0%
    Listing Count
    14-30.0%
    Listings as % of Homes0.3%-30.0%
    Days on Market
    28-51.0%
    Loading chart...

    Demographics — Scottville, MI

    As of the latest ACS Survey released in 2023, Scottville, MI has a population of 4,900, which has increased by 6.3% over the past 5 years. Scottville, MI is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    4,9006.3%
    % Under 18
    24.0%8.6%
    % Seniors
    16.0%-3.6%
    % WFH
    9.1%122.0%
    % w/ College Degree
    16.8%-2.9%
    Loading chart...

    As of the latest ACS Survey released in 2023, Scottville, MI is a predominantly white area, with 87.3% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Scottville, MI is hispanic, making up 8.3% of the population. Foreign-born residents account for 3.1% of the population in Scottville, MI, and this percentage has increased by 106.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    87.3%-1.6%
    % Black
    0.0%-100.0%
    % Hispanic
    8.3%12.2%
    % Asian
    0.3%-70.0%
    % Foreign Born
    3.1%106.7%
    Loading chart...

    Mortgage and Risk — Scottville, MI

    According to HUD data as of 2023, there were 60 mortgage originations in Scottville, MI, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Scottville, MI. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    60
    % Conventional Loans
    72.0%
    % Government Loans
    28.0%
    % Investor Loans
    2.0%
    % Second Loans
    13.0%
    % Cash Out Refinance
    15.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Scottville, MI

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

    Section 8 Market Size

    Total Units under HUD
    10
    Total Units Section 8
    10
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$730
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,220
    4 BedroomN/AN/A$1,260

    Affordability — Scottville, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.5
    Median Home Price$219,000
    Median Household Income$56,600

    Scottville, MI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Custer, MI

    49405

    Ludington, MI

    49431

    Fountain, MI

    49410

    Free Soil, MI

    49411

    Walhalla

    49458

    Frequently Asked Questions