Seven Mile45062

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$201,000
3.8% YoY Growth
Household Income
$53,600
0.4% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
1.9%
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

Property Listings — Seven Mile

Seven Mile lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.7%N/A
Days on Market
N/AN/A
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Demographics — Seven Mile

As of the latest ACS Survey released in 2023, Seven Mile has a population of 667, which has decreased by -2.8% over the past 5 years. Seven Mile is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
667-2.8%
% Under 18
20.4%-24.4%
% Seniors
22.0%25.7%
% WFH
5.0%-27.5%
% w/ College Degree
13.5%-16.1%
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As of the latest ACS Survey released in 2023, Seven Mile is a predominantly white area, with 95.8% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Seven Mile is hispanic, making up 3.9% of the population. Foreign-born residents account for 0.6% of the population in Seven Mile, and this percentage has decreased by 68.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.8%2.0%
% Black
0.0%N/A
% Hispanic
3.9%1,200.0%
% Asian
0.0%-100.0%
% Foreign Born
0.6%-68.4%
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Mortgage and Risk — Seven Mile

Seven Mile lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip 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
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Rentals and Section 8 — Seven Mile

Seven Mile lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
5.7%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,030
2 BedroomN/AN/A$1,340
3 BedroomN/AN/A$1,780
4 BedroomN/AN/A$1,960

Affordability — Seven Mile

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$201,000
Median Household Income$53,600

Seven Mile — ZIP Code Boundary Map

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Frequently Asked Questions