Michigan Home Values & Market Trends
There have been 138,719 properties sold in the Michigan real estate market trends. Median home values in the Michigan housing market are $261,017. The median residential home value for transactions over the last 12 months is 229,635. The State of Michigan currently has 4,043 properties in foreclosure, 1,465 bank owned properties, and 2,578 headed for auction.
Michigan Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Wayne | $ 182,023 $ 154/sqft | Sanilac | $ 201,950 $ 135/sqft |
| Oakland | $ 351,990 $ 214/sqft | Emmet | $ 523,351 $ 298/sqft |
| Macomb | $ 259,671 $ 185/sqft | Gratiot | $ 170,018 $ 113/sqft |
| Kent | $ 326,977 $ 229/sqft | Manistee | $ 275,537 $ 184/sqft |
| Genesee | $ 197,147 $ 143/sqft | Gladwin | $ 234,020 $ 176/sqft |
| Washtenaw | $ 405,392 $ 240/sqft | Leelanau | $ 703,569 $ 360/sqft |
| Kalamazoo | $ 276,551 $ 183/sqft | Mason | $ 262,335 $ 181/sqft |
| Ottawa | $ 391,086 $ 257/sqft | Delta | $ 211,054 $ 139/sqft |
| Ingham | $ 190,717 $ 158/sqft | Oceana | $ 268,813 $ 169/sqft |
| Berrien | $ 243,561 $ 175/sqft | Chippewa | $ 232,640 $ 149/sqft |
| Jackson | $ 212,949 $ 152/sqft | Charlevoix | $ 462,532 $ 297/sqft |
| Livingston | $ 405,793 $ 229/sqft | Osceola | $ 202,697 $ 146/sqft |
| Muskegon | $ 240,099 $ 183/sqft | Kalkaska | $ 264,316 $ 199/sqft |
| Saginaw | $ 170,427 $ 120/sqft | Iosco | $ 207,009 $ 153/sqft |
| St. Clair | $ 251,684 $ 178/sqft | Houghton | $ 201,113 $ 134/sqft |
| Monroe | $ 254,722 $ 171/sqft | Cheboygan | $ 277,802 $ 171/sqft |
| Calhoun | $ 187,650 $ 147/sqft | Lake | $ 183,798 $ 158/sqft |
| Grand Traverse | $ 453,105 $ 316/sqft | Roscommon | $ 225,075 $ 167/sqft |
| Allegan | $ 350,993 $ 233/sqft | Dickinson | $ 163,163 $ 133/sqft |
| Lenawee | $ 228,060 $ 155/sqft | Ogemaw | $ 190,434 $ 152/sqft |
| Bay | $ 164,925 $ 128/sqft | Alpena | $ 187,727 $ 207/sqft |
| Lapeer | $ 290,132 $ 192/sqft | Benzie | $ 421,393 $ 301/sqft |
| Van Buren | $ 303,077 $ 192/sqft | Otsego | $ 266,245 $ 147/sqft |
| Eaton | $ 262,426 $ 180/sqft | Menominee | $ 182,006 $ 138/sqft |
| Midland | $ 251,556 $ 167/sqft | Arenac | $ 182,838 $ 132/sqft |
| Shiawassee | $ 184,162 $ 140/sqft | Gogebic | $ 112,020 $ 91/sqft |
| St. Joseph | $ 211,125 $ 149/sqft | Huron | $ 189,680 $ 139/sqft |
| Barry | $ 297,627 $ 204/sqft | Crawford | $ 203,714 $ 165/sqft |
| Montcalm | $ 232,530 $ 154/sqft | Iron | $ 130,177 $ 121/sqft |
| Newaygo | $ 254,593 $ 179/sqft | Montmorency | $ 193,061 $ 162/sqft |
| Cass | $ 242,825 $ 169/sqft | Alcona | $ 222,002 $ 192/sqft |
| Mecosta | $ 236,623 $ 156/sqft | Presque Isle | $ 309,203 $ 270/sqft |
| Marquette | $ 272,351 $ 208/sqft | Missaukee | $ 246,145 $ 178/sqft |
| Clare | $ 161,010 $ 143/sqft | Oscoda | $ 187,421 $ 176/sqft |
| Clinton | $ 335,991 $ 202/sqft | Alger | $ 197,094 $ 140/sqft |
| Hillsdale | $ 228,444 $ 170/sqft | Luce | $ 129,420 $ 75/sqft |
| Ionia | $ 244,797 $ 170/sqft | Baraga | $ 240,372 $ 158/sqft |
| Branch | $ 201,734 $ 137/sqft | Schoolcraft | $ 149,227 $ 108/sqft |
| Isabella | $ 244,155 $ 154/sqft | Keweenaw | $ 420,160 $ 254/sqft |
| Wexford | $ 251,967 $ 172/sqft | Mackinac | $ -- $ -- |
| Tuscola | $ 185,086 $ 140/sqft | Ontonagon | $ -- $ -- |
| Antrim | $ 363,826 $ 221/sqft |
Housing Market Summary for Michigan
| Jan 2025 | December 2025 | Change | |
|---|---|---|---|
| Median Listing Price | $241.2K | $271.1K | 12.39% |
| Median Sold Price | $265.4K | $287.9K | 8.48% |
| Homes For Sale | 16,864 | 143,164 | 748.93% |
| Homes Sold | 104,009 | 64,277 | -38.20% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Michigan
Browse Homes in Michigan
There are currently 146,018 properties for sale in Michigan. The current home value ranges in price from 1,000 to 50,173,576. The total count of properties in the state is 215,170, and the percentage of properties for sale is 146018.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Michigan with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 83 counties within Michigan; of those counties, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Michigan ranges from the highest value of $1,107,377 in Huron to the lowest value of $13,552 in Wayne. Bank owned homes and properties account for 0.68% of properties in Michigan. There are 83 counties within Michigan; Wayne containing 511 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsWayne has 697 auction properties, the highest number of properties going to auction in a single county in the state of Michigan. Auction homes and other auction properties account for 1.20% of all properties in Michigan. There are 83 counties within Michigan; of those counties, the median estimated home value for homes going to auction ranges from $1,497,883 in Huron to the lowest value of $21,322 in Huron.
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