
Home Price Key
These days, finding an affordable place to live in the Sears area can be challenging. Home prices in Sears are now at a median cost of $112,817, lower than the Michigan average of $196,062.
The average cost of rent is $934/mo in Sears, primarily driven by the current value of real estate in the Sears area. While nearly 48.48% of residents own their homes outright in Sears, 8.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sears is $4,203 per month. Households that rent pay about 22.22% of their income on rent here. Sears's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
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Cities with Similar Populations
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