Michigan Center, MI Home Values & Market Trends
Real estate market trends reflect that there have been 25 transactions over the past year in Michigan Center. The median value for residential home transactions that occurred over the previous year is $203,793. The number of current listings in Michigan Center is 63, and the percentage of properties for sale in the city is 63.00%. Michigan Center, MI currently has 6 properties in foreclosure, 2 bank owned properties, 4 properties headed for auction, and 63 properties for sale.
Michigan Center, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49254 | $ 203,793 $ 175/sqft |
Housing Market Summary for Michigan Center, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $199.9K | $199.9K | - |
| Median Sold Price | $229.2K | $196.5K | -14.24% |
| Homes For Sale | 56 | 62 | 10.71% |
| Homes Sold | 46 | 9 | -80.43% |
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 Center, MI
Browse Homes in Michigan Center, MI
Michigan Center home values range from $87,493 to $666,218. The median estimated value of a home in Michigan Center is $203,793. The median list price of a home is 199,950, and the total count of properties in the city is 82.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Michigan Center, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Michigan Center, MI; of that zips, 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 Center, MI ranges from the highest value of $228,762 in 49254 to the lowest value of $168,931 in 49254. Bank owned homes and properties account for 2.44% of properties in Michigan Center, MI. There is 1 zips within Michigan Center, MI; 49254 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49254 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Michigan Center, MI. Auction homes and other auction properties account for 4.88% of all properties in Michigan Center, MI. There is 1 zips within Michigan Center, MI; of that zips, the median estimated home value for homes going to auction ranges from $186,467 in 49254 to the lowest value of $168,463 in 49254.
Compare Nearby Cities
More Real Estate Resources for Michigan Center, MI
Guide for Michigan Center, MI
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.