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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 $234,648. The median residential home value for transactions over the last 12 months is $212,402. The State of Michigan currently has 5,120 properties in foreclosure, 2,142 bank owned properties, and 2,978 headed for auction.
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Recently Sold Properties

Michigan Home Values

$234,648
There are currently 12,938 properties for sale in Michigan. The current home value ranges in price from $20 to $8,900,000. The total count of properties in the state is 3,725,619, and the percentage of properties for sale is 71.6%.

Michigan Real Estate Market Overview

Michigan Foreclosures Market Overview
Last 24 Hours
Search By County
County Median Est. Value
Oakland County
$265,923
$174.56/sqft
Kent County
$259,281
$196.00/sqft
Macomb County
$221,307
$162.33/sqft
Muskegon County
$185,888
$151.50/sqft
Genesee County
$154,671
$115.50/sqft
Jackson County
$151,314
$119.50/sqft
Ingham County
$145,607
$125.00/sqft
Berrien County
$144,144
$106.50/sqft
Saginaw County
$108,500
$81.50/sqft
Wayne County
$104,968
$84.93/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 0.14% of properties in Michigan with Wayne County containing 1,499 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.  Kalamazoo
10.  Muskegon
11.  Saginaw
12.  Berrien
13.  St. Clair
14.  Livingston
15.  Calhoun
16.  Monroe
17.  Allegan
18.  Jackson
19.  Eaton
20.  Van Buren

Popular Cities in Michigan

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