Sumner, MI—48889
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sumner, MI
As of Nov '25, the median home price in Sumner, MI is $198,000, with a year-over-year change of 3.0%. This indicates that home prices in Sumner, MI are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 3.0% |
| Single Family | $198,000 | 5.3% |
| 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 — Sumner, MI
Sumner, 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 — Sumner, MI
As of Nov '25, Realtor.com reports that the median days on market for a home in Sumner, MI is 16. This is a decrease of -16.0% 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 | $356,000 | 44.0% |
Listing Count | 3 | -59.0% |
| Listings as % of Homes | 0.3% | -59.0% |
Days on Market | 16 | -16.0% |
Demographics — Sumner, MI
As of the latest ACS Survey released in 2023, Sumner, MI has a population of 1,500, which has increased by 12.7% over the past 5 years. Sumner, 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 11.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,500 | 12.7% |
% Under 18 | 20.3% | -12.5% |
% Seniors | 21.3% | -3.6% |
% WFH | 10.5% | 556.2% |
% w/ College Degree | 11.7% | 25.8% |
As of the latest ACS Survey released in 2023, Sumner, MI is a predominantly white area, with 97.2% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Sumner, MI is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.5% of the population in Sumner, MI, and this percentage has decreased by 16.7% 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 | 97.2% | 2.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.0% | -28.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | -16.7% |
Mortgage and Risk — Sumner, MI
Sumner, 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 |
Rentals and Section 8 — Sumner, MI
Sumner, 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 | 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 | $780 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Sumner, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $198,000 |
| Median Household Income | $62,800 |