Sanford, MI

Full City Profile · Michigan · Midland County County

4.4 /5.0
A Great
743 Population 585/sq mi density
$69,667 Median Income $40,561 per capita
$165,800 Home Value $222,600 Zillow
$859 Median Rent 40.0% income on rent
48°F Avg Temperature
A
Overall
4.4 / 5.0
Strong
A
Economy
4.0 / 5.0
$69,667 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$165,800 home value, $859/mo rent
A
Education
4.1 / 5.0
39.0% bachelor's degree or higher

Housing Overview

Median Home Value
$165,800
41% below
US avg: $281,900
Median Rent
$859/mo
26% below
US avg: $1,163/mo
Homeownership Rate
80.7%
23% above US avg (65.4%)
Total Housing Units
367
Median year built: 1972

Home Value by Source

Census Median
$165,800
Zillow (ZHVI)
$222,600
Redfin Median Sale
$154,500
Median Sale Price
$154,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.7%
Owner-Occupied
19.3%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $859/mo

Market Indicators (Redfin)

Median Sale Price
$154,500
Median Days on Market
145 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$127

Affordability & Housing Stock

Rent Burden
40.0%
of renters spending 30%+ of income on housing
29% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
80.7%

Complete Housing Data

Home Values

Census Median Value$165,800
Zillow Home Value (ZHVI)$222,600
Redfin Median Sale$154,500
Median Sale Price$154,500
Price Per Sq Ft$127

Rent

Census Median Rent$859
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market145
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$127

Ownership & Stock

Owner-Occupied80.7%
Renter-Occupied19.3%
Homeownership Rate80.7%
Total Housing Units367
Median Year Built1972
Rent Burden40.0%