Michigan Home Values & Market Trends
There have been 134,728 properties sold in the Michigan real estate market trends. Median home values in the Michigan housing market are $280,204. The median residential home value for transactions over the last 12 months is 247,006. The State of Michigan currently has 4,501 properties in foreclosure, 1,425 bank owned properties, and 3,076 headed for auction.
Michigan Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Wayne | $ 185,668 $ 158/sqft | Antrim | $ 409,554 $ 264/sqft |
| Oakland | $ 383,513 $ 231/sqft | Oceana | $ 275,779 $ 189/sqft |
| Macomb | $ 276,354 $ 194/sqft | Sanilac | $ 221,195 $ 145/sqft |
| Kent | $ 353,051 $ 252/sqft | Mason | $ 296,391 $ 207/sqft |
| Genesee | $ 207,689 $ 150/sqft | Emmet | $ 482,423 $ 286/sqft |
| Washtenaw | $ 429,002 $ 248/sqft | Gratiot | $ 171,828 $ 123/sqft |
| Ottawa | $ 404,085 $ 273/sqft | Gladwin | $ 230,255 $ 170/sqft |
| Ingham | $ 200,666 $ 165/sqft | Leelanau | $ 764,270 $ 417/sqft |
| Kalamazoo | $ 293,072 $ 196/sqft | Osceola | $ 189,558 $ 127/sqft |
| Livingston | $ 423,254 $ 238/sqft | Chippewa | $ 188,133 $ 142/sqft |
| Muskegon | $ 257,515 $ 197/sqft | Cheboygan | $ 299,000 $ 215/sqft |
| Saginaw | $ 176,321 $ 128/sqft | Houghton | $ 206,763 $ 150/sqft |
| Berrien | $ 306,817 $ 202/sqft | Otsego | $ 285,000 $ 150/sqft |
| St. Clair | $ 262,634 $ 182/sqft | Delta | $ 218,985 $ 140/sqft |
| Jackson | $ 228,593 $ 161/sqft | Charlevoix | $ 399,922 $ 251/sqft |
| Monroe | $ 272,902 $ 178/sqft | Iosco | $ 224,900 $ 160/sqft |
| Calhoun | $ 200,814 $ 156/sqft | Kalkaska | $ 289,000 $ 195/sqft |
| Grand Traverse | $ 498,123 $ 340/sqft | Alpena | $ 191,566 $ 148/sqft |
| Allegan | $ 365,669 $ 244/sqft | Ogemaw | $ 204,638 $ 163/sqft |
| Bay | $ 169,984 $ 134/sqft | Lake | $ 187,615 $ 154/sqft |
| Lenawee | $ 240,238 $ 167/sqft | Roscommon | $ 214,950 $ 167/sqft |
| Lapeer | $ 304,288 $ 202/sqft | Benzie | $ 424,880 $ 318/sqft |
| Eaton | $ 282,030 $ 187/sqft | Dickinson | $ 159,627 $ 135/sqft |
| Van Buren | $ 313,387 $ 200/sqft | Menominee | $ 179,900 $ 139/sqft |
| Midland | $ 265,418 $ 171/sqft | Crawford | $ 211,152 $ 168/sqft |
| Montcalm | $ 254,239 $ 170/sqft | Arenac | $ 222,013 $ 164/sqft |
| Shiawassee | $ 195,411 $ 148/sqft | Montmorency | $ 195,000 $ 170/sqft |
| Barry | $ 318,555 $ 220/sqft | Huron | $ 197,498 $ 145/sqft |
| St. Joseph | $ 228,900 $ 159/sqft | Iron | $ 149,900 $ 140/sqft |
| Newaygo | $ 279,900 $ 190/sqft | Gogebic | $ 121,808 $ 99/sqft |
| Clinton | $ 342,739 $ 214/sqft | Alcona | $ 220,494 $ 195/sqft |
| Mecosta | $ 259,750 $ 172/sqft | Presque Isle | $ 258,233 $ 177/sqft |
| Marquette | $ 281,148 $ 211/sqft | Missaukee | $ 266,779 $ 192/sqft |
| Cass | $ 283,707 $ 188/sqft | Oscoda | $ 201,868 $ 133/sqft |
| Ionia | $ 255,997 $ 184/sqft | Alger | $ 200,551 $ 154/sqft |
| Clare | $ 170,000 $ 146/sqft | Luce | $ 145,101 $ 96/sqft |
| Hillsdale | $ 250,486 $ 198/sqft | Baraga | $ 242,860 $ 198/sqft |
| Branch | $ 230,342 $ 151/sqft | Schoolcraft | $ 130,091 $ 100/sqft |
| Tuscola | $ 189,615 $ 136/sqft | Keweenaw | $ 542,391 $ 276/sqft |
| Wexford | $ 249,950 $ 167/sqft | Ontonagon | $ -- $ -- |
| Isabella | $ 255,434 $ 162/sqft | Mackinac | $ -- $ -- |
| Manistee | $ 274,950 $ 184/sqft |
Housing Market Summary for Michigan
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $278.8K | $283.5K | 1.69% |
| Median Sold Price | $295.3K | $274K | -7.22% |
| Homes For Sale | 118,053 | 168,124 | 42.41% |
| Homes Sold | 76,157 | 50,604 | -33.55% |
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 172,188 properties for sale in Michigan. The current home value ranges in price from 1,500 to 14,900,000. The total count of properties in the state is 228,963, and the percentage of properties for sale is 172188.00%.
- 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 $1,286,795 in Ottawa to the lowest value of $12,500 in Wayne. Bank owned homes and properties account for 0.62% of properties in Michigan. There are 83 counties within Michigan; Wayne containing 593 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsWayne has 781 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 1.34% 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 $1,550,000 in Alcona to the lowest value of $14,900 in Alcona.
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Guide for Michigan
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.