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Michigan Home Values and Rents
The median home value in Michigan is $231,600, 39th highest among states. Prices changed +3.8% in the year through Q2 2026.
- Typical home value
- $263,760
- 39th of 51 states
- Median rent
- $1,129/mo
- ACS 2020-2024
- Price change, 1 year
- +3.8%
- 14th fastest of 51
- Homeownership
- 73.2%
- Owner-occupied homes
Michigan home prices since 2000
FHFA purchase-only House Price Index, seasonally adjusted (1991 = 100)
Show as a table
| Period | Michigan |
|---|---|
| Q2 2026 | 393 |
| Q4 2025 | 389 |
| Q4 2024 | 368 |
| Q4 2023 | 351 |
| Q4 2022 | 322 |
| Q4 2021 | 303 |
| Q4 2020 | 263 |
| Q4 2019 | 237 |
| Q4 2018 | 224 |
| Q4 2017 | 210 |
| Q4 2016 | 195 |
| Q4 2015 | 183 |
| Q4 2014 | 173 |
| Q4 2013 | 162 |
| Q4 2012 | 149 |
Over five years, Michigan home prices changed +38.8%, compared with +29.9% for the U.S.
Source: Federal Housing Finance Agency ยท Last updated 07/01/2026
Home values by county
Zillow typical home value; price changes from FHFA annual county index
Swipe the table sideways to see more columns.
| # | County | Typical value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | Leelanau County | $652,394 | $1,228 | +9.5% | +85.1% |
| 2 | Emmet County | $437,678 | $1,112 | +3.9% | +74.9% |
| 3 | Grand Traverse County | $417,444 | $1,288 | +4.4% | +69.0% |
| 4 | Charlevoix County | $413,637 | $949 | +6.2% | +82.4% |
| 5 | Washtenaw County | $411,983 | $1,463 | +4.2% | +44.2% |
| 6 | Benzie County | $406,697 | $1,026 | +8.4% | +85.6% |
| 7 | Livingston County | $402,827 | $1,287 | +5.7% | +46.5% |
| 8 | Ottawa County | $397,062 | $1,211 | +4.7% | +59.4% |
| 9 | Oakland County | $365,826 | $1,376 | +4.2% | +44.8% |
| 10 | Kent County | $353,407 | $1,243 | +4.5% | +60.2% |
| 11 | Antrim County | $348,970 | $902 | +4.3% | +84.0% |
| 12 | Allegan County | $346,459 | $1,100 | +6.0% | +59.6% |
| 13 | Clinton County | $314,333 | $1,092 | +5.4% | +48.9% |
| 14 | Barry County | $301,131 | $972 | +6.2% | +60.6% |
| 15 | Lapeer County | $296,879 | $988 | +5.6% | +49.0% |
| 16 | Berrien County | $281,193 | $942 | +3.7% | +54.1% |
| 17 | Kalamazoo County | $273,812 | $1,093 | +3.8% | +51.0% |
| 18 | Van Buren County | $272,490 | $870 | +3.8% | +54.5% |
| 19 | Monroe County | $270,412 | $1,059 | +6.3% | +45.2% |
| 20 | Macomb County | $267,474 | $1,211 | +4.1% | +46.9% |
| 21 | Mason County | $267,052 | $896 | +1.7% | +66.2% |
| 22 | Cass County | $266,388 | $916 | +4.4% | +53.8% |
| 23 | Ionia County | $264,748 | $884 | +3.9% | +56.1% |
| 24 | Marquette County | $262,677 | $949 | +5.7% | +69.5% |
| 25 | Manistee County | $260,685 | $842 | +4.4% | +75.1% |
| 26 | St. Clair County | $259,356 | $1,029 | +4.8% | +49.1% |
| 27 | Eaton County | $259,014 | $1,092 | +4.0% | +47.2% |
| 28 | Otsego County | $257,304 | $1,008 | +0.8% | +72.0% |
| 29 | Muskegon County | $255,234 | $1,028 | +6.7% | +70.3% |
| 30 | Oceana County | $253,550 | $759 | +3.3% | +69.0% |
| 31 | Newaygo County | $253,533 | $904 | +4.9% | +61.4% |
| 32 | Cheboygan County | $253,004 | $773 | +7.2% | +86.3% |
| 33 | Midland County | $245,098 | $1,016 | +6.0% | +58.0% |
| 34 | Lenawee County | $242,871 | $987 | +5.9% | +49.3% |
| 35 | Mackinac County | $242,475 | $760 | -6.1% | +64.7% |
| 36 | Montcalm County | $241,951 | $869 | +4.5% | +62.1% |
| 37 | Wexford County | $232,555 | $897 | +4.3% | +68.7% |
| 38 | Isabella County | $229,324 | $913 | +5.9% | +48.5% |
| 39 | Mecosta County | $229,044 | $934 | +4.1% | +68.2% |
| 40 | Keweenaw County | $225,166 | $688 | - | +99.9% |
| 41 | Kalkaska County | $225,055 | $853 | +12.7% | +78.5% |
| 42 | Missaukee County | $225,043 | $891 | +3.8% | +69.0% |
| 43 | Jackson County | $224,556 | $985 | +4.7% | +48.6% |
| 44 | Ingham County | $223,411 | $1,084 | +4.8% | +49.3% |
| 45 | Alger County | $219,882 | $714 | +19.0% | +78.5% |
| 46 | St. Joseph County | $219,664 | $849 | +7.3% | +58.8% |
| 47 | Presque Isle County | $219,214 | $683 | +8.6% | +82.5% |
| 48 | Hillsdale County | $213,833 | $832 | +6.9% | +60.4% |
| 49 | Shiawassee County | $213,474 | $899 | +5.4% | +52.5% |
| 50 | Branch County | $206,792 | $959 | +4.3% | +60.1% |
| 51 | Delta County | $203,915 | $692 | +15.4% | +71.6% |
| 52 | Sanilac County | $201,517 | $807 | +5.5% | +55.5% |
| 53 | Huron County | $201,120 | $788 | +9.0% | +72.7% |
| 54 | Osceola County | $200,793 | $807 | +7.4% | +77.2% |
| 55 | Chippewa County | $196,951 | $797 | +4.7% | +65.5% |
| 56 | Houghton County | $196,480 | $840 | +5.3% | +76.8% |
| 57 | Schoolcraft County | $195,805 | $705 | +8.8% | +63.3% |
| 58 | Genesee County | $195,727 | $989 | +5.0% | +48.2% |
| 59 | Alcona County | $194,373 | $867 | +5.1% | +70.8% |
| 60 | Alpena County | $193,096 | $673 | -0.6% | +66.7% |
| 61 | Roscommon County | $191,859 | $816 | +9.7% | +82.6% |
| 62 | Calhoun County | $190,006 | $968 | +2.5% | +54.0% |
| 63 | Gladwin County | $187,465 | $690 | +4.8% | +56.1% |
| 64 | Bay County | $186,141 | $860 | +5.1% | +59.8% |
| 65 | Tuscola County | $185,735 | $819 | +4.0% | +62.7% |
| 66 | Menominee County | $184,675 | $692 | +4.3% | +61.2% |
| 67 | Ogemaw County | $180,468 | $823 | +8.3% | +77.6% |
| 68 | Dickinson County | $180,433 | $797 | +5.2% | +63.1% |
| 69 | Gratiot County | $180,252 | $834 | +4.2% | +57.5% |
| 70 | Crawford County | $179,733 | $862 | +13.4% | +83.2% |
| 71 | Baraga County | $177,789 | $616 | +4.0% | +64.5% |
| 72 | Wayne County | $175,631 | $1,132 | +5.3% | +49.4% |
| 73 | Saginaw County | $175,096 | $947 | +3.8% | +54.0% |
| 74 | Montmorency County | $174,570 | $686 | +5.3% | +79.0% |
| 75 | Iosco County | $172,299 | $719 | +3.5% | +68.2% |
| 76 | Arenac County | $170,538 | $761 | +15.0% | +72.2% |
| 77 | Lake County | $165,696 | $875 | -1.3% | +73.4% |
| 78 | Clare County | $159,525 | $765 | +13.3% | +81.9% |
| 79 | Iron County | $153,417 | $716 | +13.6% | +76.4% |
| 80 | Oscoda County | $145,292 | $681 | +12.6% | +74.7% |
| 81 | Luce County | $139,950 | $675 | +8.8% | +79.4% |
| 82 | Ontonagon County | $134,619 | $540 | -4.5% | +56.9% |
| 83 | Gogebic County | $132,435 | $623 | +7.5% | +85.2% |
Most expensive cities in Michigan
Cities and towns with 10,000+ residents, by typical home value
Swipe the table sideways to see more columns.
| # | City | Population | Typical value | Median rent |
|---|---|---|---|---|
| 1 | Birmingham | 21,763 | $744,766 | $1,902 |
| 2 | East Grand Rapids | 11,445 | $674,065 | $1,862 |
| 3 | Beverly Hills | 10,524 | $599,456 | $2,077 |
| 4 | Ann Arbor | 122,036 | $517,346 | $1,649 |
| 5 | Grosse Pointe Park | 11,319 | $508,808 | $1,379 |
| 6 | Forest Hills | 28,695 | $498,500 | $1,958 |
| 7 | Rochester | 12,934 | $495,401 | $1,350 |
| 8 | South Lyon | 11,950 | $474,745 | $1,310 |
| 9 | Rochester Hills | 77,089 | $465,990 | $1,644 |
| 10 | Novi | 66,717 | $465,874 | $1,747 |
| 11 | Troy | 87,898 | $454,091 | $1,602 |
| 12 | Traverse City | 15,593 | $444,107 | $995 |
| 13 | Allendale | 26,679 | $416,798 | $1,111 |
| 14 | Grand Haven | 10,996 | $398,932 | $939 |
| 15 | Farmington Hills | 83,515 | $386,980 | $1,551 |
| 16 | Howell | 10,021 | $383,677 | $1,177 |
| 17 | Wixom | 17,295 | $383,446 | $1,035 |
| 18 | Holland | 34,423 | $370,778 | $1,193 |
| 19 | Okemos | 26,396 | $367,384 | $1,298 |
| 20 | Jenison | 17,582 | $366,713 | $2,306 |
| 21 | Fenton | 11,906 | $364,070 | $1,275 |
| 22 | Walker | 25,386 | $359,796 | $1,202 |
| 23 | New Baltimore | 12,072 | $358,759 | $1,039 |
| 24 | Northview | 15,268 | $357,259 | $1,247 |
| 25 | Grandville | 16,356 | $356,866 | $1,143 |
Most affordable cities in Michigan
Cities and towns with 10,000+ residents, lowest home values first
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| # | City | Population | Typical value | Median rent |
|---|---|---|---|---|
| 1 | Flint | 80,175 | $64,412 | $915 |
| 2 | Detroit | 638,530 | $74,742 | $1,074 |
| 3 | Inkster | 25,428 | $105,721 | $1,170 |
| 4 | Bay City | 32,320 | $125,613 | $766 |
| 5 | Saginaw | 43,536 | $133,927 | $922 |
| 6 | Pontiac | 62,104 | $135,258 | $1,063 |
| 7 | Melvindale | 12,554 | $138,451 | $1,110 |
| 8 | Sault Ste. Marie | 13,335 | $139,400 | $804 |
| 9 | Harper Woods | 15,116 | $150,088 | $1,351 |
| 10 | Lincoln Park | 39,257 | $151,487 | $1,023 |
| 11 | Eastpointe | 33,982 | $151,659 | $1,325 |
| 12 | Hazel Park | 14,963 | $154,189 | $1,314 |
| 13 | Burton | 29,500 | $156,823 | $1,009 |
| 14 | Lansing | 113,023 | $166,379 | $993 |
| 15 | Hamtramck | 27,743 | $168,949 | $989 |
Frequently asked questions
- What is the median home value in Michigan?
- The median value of owner-occupied homes in Michigan is $231,600, according to the American Community Survey 2020-2024 5-year estimates. That ranks 39th highest among the states and D.C.
- Are home prices going up in Michigan?
- Home prices in Michigan changed +3.8% over the year through Q2 2026 and +38.8% over five years, according to the FHFA House Price Index.
- What is the most expensive city in Michigan?
- Among cities and towns with at least 10,000 residents, Birmingham has the highest typical home value at $744,766, followed by East Grand Rapids ($674,065) and Beverly Hills ($599,456).
- Where are homes most affordable in Michigan?
- Flint has the lowest typical home value among cities with 10,000+ residents at $64,412, followed by Detroit ($74,742) and Inkster ($105,721).
- How much do homes sell for in Michigan?
- In Sep 2026, the median sale price was $471,734 in the Traverse City, MI area, $374,019 in the Ann Arbor, MI area and $348,363 in the Grand Rapids-Wyoming-Kentwood, MI area, according to Zillow. These are the metro areas in Michigan with the highest median sale prices.
- What is the average rent in Michigan?
- The median gross rent in Michigan is $1,129 a month, including utilities paid by the renter (ACS 2020-2024). About 27% of households rent.