Housing in Sebewaing

A typical Sebewaing home is worth roughly $142,000

Home prices around Sebewaing have risen about 79% over the past 5 years.

#28Fastest-rising home prices in MI #31Most affordable in MI #86Lowest property tax in MI All MI rankings →

Typical home value

$142K

▲ 4.4% in a year · MI $266K

Estimate

2-bedroom rent

$1,220

a month, utilities in · HUD

Median tax bill

$1,696

MI $2,904

What kind of housing town is Sebewaing?

Read from the numbers below. The page puts what stands out first.

Your money goes further47% below the Michigan typical home.Prices climbing fast#28 in MI for rising home prices.Low bills, high rateTax bills are among MI’s lowest (#86), but the rate is high: 1.72% of value a year vs 1.25%.Older homesThe typical home was built around 1952.

★ What stands out · Affordability

A typical home costs 3 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$168,000

Typical Sebewaing home $142K

That covers a typical Sebewaing home, with $25K to spare.

The typical home, each month

$950

Loan $700Tax $200Insurance $40

A two-bedroom rents for about $1,220 a month here, $270 more than owning.

How Sebewaing ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Sebewaing’s typical property tax (1.72% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 79% in 5 years

The federal house price index for the ZIP code around Sebewaing rose 79% over the past 5 years, faster than across Michigan (52%). Last year prices rose 4.4%. Carrying the Census median home value forward with that index puts the typical Sebewaing home at roughly $142,000 today.

Sebewaing areaMichigan

+4.4%

past year

+79%

past 5 years

+124%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $142K.

How Sebewaing ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Sebewaing, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

75% of Sebewaing households own their home

Half of Sebewaing’s homes were built before 1952.

Owners and renters

Own 75%Rent 25%

Michigan: 73% own.

1952

typical home built · MI 1972

$1,696

median property tax bill · MI $2,904

1.72%

of a home’s value, a year in tax · MI 1.25%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,220

Renters already here pay a median of $649, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$860

1 bedroom$1,010

2 bedrooms$1,220

3 bedrooms$1,500

4 bedrooms$1,620

25%

of households rent · MI 27%

175

renter households

22%

of renters spend 30%+ of income on rent · MI 50%

30%

of the median income, for a two-bedroom

$649

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Huron County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Sebewaing buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Sebewaing still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.