Sears, MI—49679
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sears, MI
Sears, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $175,000 | -0.5% |
| Single Family | $175,000 | -0.6% |
| 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 — Sears, MI
Sears, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sears, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Sears, MI is 69. This is a decrease of -23.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | -27.0% |
Listing Count | 11 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 69 | -23.0% |
Demographics — Sears, MI
As of the latest ACS Survey released in 2023, Sears, MI has a population of 1,330, which has remained stable by -0.2% over the past 5 years. Sears, MI is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,330 | -0.2% |
% Under 18 | 23.6% | -5.6% |
% Seniors | 25.3% | 15.5% |
% WFH | 2.7% | -59.7% |
% w/ College Degree | 17.1% | 67.6% |
As of the latest ACS Survey released in 2023, Sears, MI is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Sears, MI is black, making up 4.3% of the population. Foreign-born residents account for 0.1% of the population in Sears, MI, and this percentage has decreased by 95.5% 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 | 90.4% | -1.5% |
% Black | 4.3% | 104.8% |
% Hispanic | 2.9% | -27.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -95.5% |
Mortgage and Risk — Sears, MI
According to HUD data as of 2023, there were 38 mortgage originations in Sears, MI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Sears, MI. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 29.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Sears, MI
Sears, 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 | $990 |
| 2 Bedroom | N/A | N/A | $1,290 |
| 3 Bedroom | $380 | $1,200 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,830 |
Affordability — Sears, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $175,000 |
| Median Household Income | $59,300 |