Michigan Property Values & Home Valuations (2024)
Real estate market valuation analysis for Michigan
Michigan Property Value Indicators (2024)
Median Value
$231,600
Total Properties
2,984,190
Owner-Occupied
High Value ($1M+)
1.6%
Market Share
Low Value (<$25k)
4.1%
Affordability Floor
Michigan Property Value Distribution (2024)
Michigan Historical Property Valuation Trends
Since 2010, property values in have increased by 60.6%.
Property Value FAQs for Michigan
The median property value in Michigan is $231,600.
In recent years, median home values in Michigan have increased by 60.6%.