Powers, MI—49886
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Powers, MI
As of Oct '25, the median home price in Powers, MI is $156,000, with a year-over-year change of 1.8%. This indicates that home prices in Powers, MI are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $156,000 | 1.8% |
| Single Family | $156,000 | 1.3% |
| 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 — Powers, MI
Powers, 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 — Powers, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Powers, MI is 67. This is a decrease of -35.0% 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 | $165,000 | 61.0% |
Listing Count | 3 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 67 | -35.0% |
Demographics — Powers, MI
As of the latest ACS Survey released in 2023, Powers, MI has a population of 472, which has decreased by -20.9% over the past 5 years. Powers, MI is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 472 | -20.9% |
% Under 18 | 20.3% | -19.1% |
% Seniors | 17.8% | -21.9% |
% WFH | 17.4% | 248.0% |
% w/ College Degree | 12.4% | 143.1% |
As of the latest ACS Survey released in 2023, Powers, MI is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Powers, MI is hispanic, making up 6.8% of the population. Foreign-born residents account for 1.3% of the population in Powers, MI, and this percentage has increased by 85.7% 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 | 89.2% | -5.9% |
% Black | 0.0% | N/A |
% Hispanic | 6.8% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | 85.7% |
Mortgage and Risk — Powers, MI
Powers, MI 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 — Powers, MI
Powers, 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 | $1,090 |
| 2 Bedroom | N/A | N/A | $1,360 |
| 3 Bedroom | N/A | N/A | $1,910 |
| 4 Bedroom | N/A | N/A | $1,940 |
Affordability — Powers, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $156,000 |
| Median Household Income | $72,100 |