Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mears area can be challenging. Home prices in Mears are now at a median cost of $178,153, lower than the Michigan average of $196,062.
The average cost of rent is $754/mo in Mears, primarily driven by the current value of real estate in the Mears area. While nearly 47.73% of residents own their homes outright in Mears, 9.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mears is $4,924 per month. Households that rent pay about 15.32% of their income on rent here. Mears's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Little Point Sable, MI: equally priced homes
- Hart, MI: less expensive homes
- Shelby, MI: less expensive homes
- Pentwater, MI: higher priced homes
- Stony Lake, MI: equally priced homes
- New Era, MI: less expensive homes
- Rothbury, MI: less expensive homes
- Wiley, MI: less expensive homes
- Walkerville, MI: less expensive homes
- Fern, MI: less expensive homes
Cities with Similar Populations
- North Palm Springs, CA: less expensive homes
- Raymond, MN: equally priced homes
- Potosi, WI: equally priced homes
- Porterdale, GA: less expensive homes
- Port Tobacco, MD: higher priced homes
- Port Royal, TN: higher priced homes
- Poolville, TX: higher priced homes
- Pomeroy, WA: less expensive homes
- Poag, IL: higher priced homes
- Paulina, LA: higher priced homes
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