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Michigan Real Estate Market Trends & Home Values

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Michigan Market Overview

There have been 165,181 properties sold in the Michigan real estate market trends. Median home values in the Michigan housing market are $234,551. The median residential home value for transactions over the last 12 months is $212,402. The State of Michigan currently has 5,680 properties in foreclosure, 2,697 bank owned properties, and 2,983 headed for auction.
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Recently Sold Properties

Michigan Home Values

$234,551
There are currently 12,978 properties for sale in Michigan. The current home value ranges in price from $1 to $8,900,000. The total count of properties in the state is 3,729,566, and the percentage of properties for sale is 69.6%.

Michigan Real Estate Market Overview

Michigan Foreclosures Market Overview
Last 24 Hours
Search By County
County Median Est. Value
Oakland County
$265,923
$175.00/sqft
Kent County
$261,375
$197.00/sqft
Washtenaw County
$229,966
$175.14/sqft
Macomb County
$219,582
$162.00/sqft
Muskegon County
$187,119
$150.50/sqft
Genesee County
$154,652
$114.00/sqft
Berrien County
$144,626
$107.67/sqft
Ingham County
$137,596
$125.00/sqft
Saginaw County
$108,238
$80.00/sqft
Wayne County
$106,756
$86.71/sqft

There are 80 counties within Michigan; within these counties, the median estimated home value for homes in foreclosure ranges from $3,516,996 in Livingston County to the lowest value of $17,940 in Genesee County. Foreclosure homes account for 0.15% of properties in Michigan with Wayne County containing 1,517 foreclosures, the highest number of foreclosure properties in a single county.

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Michigan Pre-foreclosures Market Overview
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Michigan Bank Owned Market Overview
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Michigan Auction Market Overview
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Michigan For Sale Market Overview
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Michigan Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1.  Wayne
2.  Oakland
3.  Macomb
4.  Genesee
5.  Kent
6.  Washtenaw
7.  Ingham
8.  Ottawa
9.  Saginaw
10.  Kalamazoo
11.  Muskegon
12.  Berrien
13.  Livingston
14.  St. Clair
15.  Monroe
16.  Calhoun
17.  Allegan
18.  Jackson
19.  Van Buren
20.  Eaton

Popular Cities in Michigan

1.  Detroit
2.  Livonia
3.  Dearborn
4.  Canton
5.  Westland
6.  Taylor
7.  Dearborn Heights
8.  Redford
9.  Inkster
10.  Lincoln Park
11.  Plymouth
12.  Garden City
13.  Southgate
14.  Allen Park
15.  Highland Park
16.  Wyandotte
17.  Hamtramck
18.  Trenton
19.  Romulus
20.  Harper Woods
  • Real Estate Market Trends
  • Michigan
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