Scotts, MI—49088
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scotts, MI
As of Nov '25, the median home price in Scotts, MI is $312,000, with a year-over-year change of 1.7%. This indicates that home prices in Scotts, MI are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | 1.7% |
| Single Family | $312,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $286,000 | 3.6% |
3 Bed | $310,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Scotts, MI
Scotts, 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 — Scotts, MI
As of Nov '25, Realtor.com reports that the median days on market for a home in Scotts, MI is 71. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer 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 | $365,000 | -1.0% |
Listing Count | 12 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 71 | 2.0% |
Demographics — Scotts, MI
As of the latest ACS Survey released in 2023, Scotts, MI has a population of 3,750, which has increased by 2.5% over the past 5 years. Scotts, MI is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,750 | 2.5% |
% Under 18 | 22.1% | 15.7% |
% Seniors | 20.6% | 17.7% |
% WFH | 12.0% | 150.0% |
% w/ College Degree | 33.2% | 1.8% |
As of the latest ACS Survey released in 2023, Scotts, MI is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Scotts, MI is asian, making up 3.8% of the population. Foreign-born residents account for 4.1% of the population in Scotts, MI, and this percentage has increased by Inf% 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 | 87.1% | -7.3% |
% Black | 1.2% | 33.3% |
% Hispanic | 3.4% | 1,033.3% |
% Asian | 3.8% | 322.2% |
% Foreign Born | 4.1% | ∞% |
Mortgage and Risk — Scotts, MI
According to HUD data as of 2023, there were 174 mortgage originations in Scotts, MI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Scotts, MI. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 174 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Rentals and Section 8 — Scotts, MI
Scotts, 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 | $1,080 |
| 2 Bedroom | N/A | N/A | $1,290 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | N/A | N/A | $1,820 |
Affordability — Scotts, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $312,000 |
| Median Household Income | $103,000 |