Zip 48889 (Sumner, MI) Housing

The housing median value in 48889 Sumner, MI is $155,600. This is significantly lower than the US house median value of $338,100. Despite this difference, the 1 year house appreciation rate in 48889 Sumner, MI of 8.98% is slightly higher than the US 1 year house appreciation rate of 8.27%. Therefore, Sumner is a great place for individuals looking to invest in real estate for potential growth and appreciation while still being able to access relatively affordable housing options.

The median home cost in Sumner (zip 48889) is $155,600. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Sumner (zip 48889) is up 12.2%.

Average Age of Homes

- The median age of Sumner (zip 48889) real estate is 42 years old

The Rental Market in Sumner (zip 48889)

- Renters make up 15.5% of the Sumner (zip 48889) population
- 0.0% of houses and apartments in Sumner (zip 48889), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sumner, Michigan	United States
	700.0	139,647,020.0
	46	42
	$155,600	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$14.10	$10.98
	$1,123	$2,690
	72.9%	57.4%
	11.7%	11.2%
	15.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	3.4%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	3.9%	2.4%
	12.9%	2.8%
	11.4%	3.9%
	11.8%	4.5%
	22.4%	11.3%
	12.2%	13.0%
	15.1%	20.1%
	4.3%	13.6%
	0.2%	8.3%
	1.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	10.0%	13.6%
	18.7%	13.2%
	16.1%	14.8%
	10.0%	13.6%
	6.4%	10.0%
	6.1%	4.7%
	22.9%	12.2%

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