Is now a good time to buy a home in Michigan?
The typical home value in Michigan is $267K as of Aug 2026 (Zillow Home Value Index), up 3.8% from a year earlier. Over five years prices have compounded at +4.4% a year. Prices are 7.2% below their 10-year trend line.
Michigan price trend & forecast
Cities in Michigan ranked by buy-timing score
| City | Typical value | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Hamtramck | $171K | +1.2% | +4.4% | +2.9% | ACCUMULATE | 80/100 |
| Detroit | $78K | -5.9% | +0.4% | -0.2% | ACCUMULATE | 79/100 |
| Muskegon | $194K | +2.5% | +5.2% | +0.7% | WAIT | 60/100 |
| Wyoming | $295K | +3.9% | +5.1% | +0.8% | WAIT | 57/100 |
| Port Huron | $177K | +3.6% | +4.8% | +0.5% | WAIT | 57/100 |
| Marquette | $345K | +9.1% | +8.0% | +5.7% | BUY | 57/100 |
| Zeeland | $395K | +4.5% | +5.8% | +2.2% | ACCUMULATE | 57/100 |
| Roseville | $174K | +1.9% | +4.2% | +0.3% | WAIT | 56/100 |
| Lincoln Park | $155K | +1.2% | +4.2% | -0.3% | WAIT | 56/100 |
| Southfield | $255K | +1.9% | +2.8% | -0.1% | WAIT | 55/100 |
| Hudsonville | $430K | +5.0% | +4.8% | +1.6% | ACCUMULATE | 55/100 |
| Eastpointe | $154K | +0.6% | +3.5% | -0.8% | WAIT | 55/100 |
| Oak Park | $236K | +1.9% | +3.6% | -0.1% | WAIT | 55/100 |
| Norton Shores | $299K | +3.3% | +4.3% | +1.0% | WAIT | 55/100 |
| Grand Rapids | $309K | +3.5% | +4.8% | +0.5% | WAIT | 54/100 |
| Warren | $201K | -0.2% | +4.2% | -0.4% | WAIT | 54/100 |
| Holland | $376K | +4.6% | +4.9% | +0.7% | ACCUMULATE | 54/100 |
| Kentwood | $337K | +4.1% | +5.0% | +0.7% | WAIT | 54/100 |
| Jenison | $370K | +3.3% | +5.3% | +0.6% | WAIT | 54/100 |
| Caledonia | $472K | +5.1% | +5.1% | +1.5% | ACCUMULATE | 54/100 |
| Pontiac | $140K | +1.0% | +4.9% | -0.7% | WAIT | 53/100 |
| Grand Haven | $404K | +4.5% | +4.8% | +0.5% | WAIT | 53/100 |
| Grandville | $362K | +4.7% | +5.3% | +1.0% | ACCUMULATE | 53/100 |
| Walker | $361K | +5.2% | +5.4% | +0.8% | WAIT | 53/100 |
| Dewitt | $329K | +2.3% | +3.1% | +0.1% | WAIT | 53/100 |
| Brighton | $448K | +2.4% | +4.6% | +1.5% | ACCUMULATE | 52/100 |
| Howell | $387K | +2.5% | +4.3% | +0.7% | ACCUMULATE | 51/100 |
| Madison Heights | $221K | -1.1% | +3.9% | -0.4% | WAIT | 51/100 |
| Allendale | $417K | +5.2% | +5.7% | +0.0% | WAIT | 51/100 |
| Adrian | $193K | +3.7% | +4.4% | +0.8% | WAIT | 51/100 |
| Charlotte | $245K | +4.4% | +4.3% | +1.1% | WAIT | 51/100 |
| Cedar Springs | $348K | +5.6% | +5.4% | +0.7% | WAIT | 51/100 |
| Flint | $65K | -0.8% | +0.3% | -3.2% | WAIT | 50/100 |
| Saginaw | $137K | +4.7% | +6.9% | +1.9% | WAIT | 50/100 |
| Battle Creek | $183K | +3.4% | +4.6% | +0.1% | WAIT | 50/100 |
| Rockford | $461K | +5.8% | +5.8% | +1.0% | ACCUMULATE | 50/100 |
| Trenton | $247K | +3.1% | +4.7% | +1.2% | WAIT | 50/100 |
| Kalamazoo | $244K | +4.4% | +4.7% | +0.1% | WAIT | 49/100 |
| Clinton Township | $259K | +0.9% | +3.8% | -0.2% | WAIT | 49/100 |
| Portage | $302K | +4.9% | +4.2% | +0.4% | WAIT | 49/100 |
| South Lyon | $478K | +2.8% | +4.5% | +1.0% | ACCUMULATE | 49/100 |
| Southgate | $198K | +2.4% | +4.7% | +0.1% | WAIT | 49/100 |
| Allen Park | $213K | +1.3% | +4.6% | +0.1% | WAIT | 49/100 |
| Garden City | $206K | +2.0% | +4.4% | -0.6% | WAIT | 49/100 |
| Byron Center | $464K | +5.2% | +4.9% | +0.9% | ACCUMULATE | 49/100 |
| Inkster | $107K | +0.3% | +6.5% | -2.9% | WAIT | 49/100 |
| Milford | $494K | +4.3% | +4.4% | +1.1% | ACCUMULATE | 49/100 |
| Dearborn | $252K | +3.8% | +5.8% | +0.6% | WAIT | 48/100 |
| Rochester Hills | $472K | +3.1% | +5.1% | +0.4% | WAIT | 48/100 |
| Ypsilanti | $285K | +0.7% | +4.0% | -0.9% | WAIT | 48/100 |
| Grand Blanc | $294K | +3.6% | +4.2% | +0.3% | WAIT | 48/100 |
| Fenton | $367K | +2.9% | +4.0% | +0.5% | WAIT | 48/100 |
| Wyandotte | $191K | +0.8% | +3.8% | -0.6% | WAIT | 48/100 |
| Ionia | $231K | +5.2% | +4.7% | +0.1% | WAIT | 48/100 |
| Harrison Township | $267K | -3.0% | +1.2% | -1.2% | WAIT | 48/100 |
| Holly | $326K | +3.4% | +4.1% | +0.0% | WAIT | 48/100 |
| Pinckney | $408K | +3.6% | +4.3% | +1.1% | WAIT | 48/100 |
| Saint Johns | $296K | +5.9% | +4.8% | +1.0% | WAIT | 48/100 |
| Sterling Heights | $309K | +0.9% | +4.3% | -0.5% | WAIT | 47/100 |
| Shelby Township | $407K | +2.0% | +4.2% | -0.2% | WAIT | 47/100 |
| Taylor | $180K | +1.0% | +4.2% | -1.2% | WAIT | 47/100 |
| Novi | $473K | +2.9% | +4.1% | +0.4% | WAIT | 47/100 |
| Benton Harbor | $161K | +6.4% | +3.3% | +0.6% | WAIT | 47/100 |
| Oxford | $411K | +2.4% | +4.4% | +0.2% | WAIT | 47/100 |
| Wixom | $387K | +1.3% | +4.2% | -0.4% | WAIT | 47/100 |
| Ferndale | $251K | -1.6% | +2.3% | -0.8% | WAIT | 47/100 |
| Sturgis | $213K | +2.5% | +3.7% | +0.1% | WAIT | 47/100 |
| Livonia | $318K | +2.3% | +4.3% | +0.3% | WAIT | 46/100 |
| Troy | $461K | +1.9% | +4.5% | +0.1% | WAIT | 46/100 |
| Westland | $216K | +1.8% | +4.5% | -0.5% | WAIT | 46/100 |
| Farmington Hills | $390K | +2.0% | +4.1% | -0.5% | WAIT | 46/100 |
| Saint Clair Shores | $232K | +2.1% | +4.7% | -0.3% | WAIT | 46/100 |
| Niles | $216K | +6.8% | +4.1% | -0.0% | WAIT | 46/100 |
| Davison | $261K | +4.2% | +4.4% | +0.1% | WAIT | 46/100 |
| Auburn Hills | $282K | +2.8% | +4.6% | -0.1% | WAIT | 46/100 |
| Bloomfield Hills | $681K | +4.2% | +4.8% | +0.7% | WAIT | 45/100 |
| Okemos | $371K | +0.8% | +4.5% | -0.5% | WAIT | 45/100 |
| Flushing | $244K | +4.9% | +4.3% | -0.2% | WAIT | 45/100 |
| Dearborn Heights | $217K | +2.2% | +5.4% | -1.1% | WAIT | 44/100 |
| Burton | $158K | +0.9% | +3.9% | -2.0% | WAIT | 44/100 |
| Romulus | $206K | +1.4% | +4.4% | -1.7% | WAIT | 44/100 |
| Saline | $470K | +2.5% | +3.0% | -0.3% | WAIT | 44/100 |
| Royal Oak | $332K | +1.7% | +3.5% | -0.3% | WAIT | 43/100 |
| Plymouth | $484K | +3.7% | +4.8% | +0.5% | WAIT | 43/100 |
| Temperance | $303K | +6.4% | +5.0% | +0.5% | WAIT | 43/100 |
| Alpena | $197K | +9.2% | +5.8% | +1.3% | WAIT | 43/100 |
| Holt | $274K | +2.9% | +5.2% | -0.7% | WAIT | 43/100 |
| Monroe | $224K | +5.5% | +5.0% | +0.8% | WAIT | 42/100 |
| Birmingham | $754K | +6.6% | +4.9% | +1.0% | ACCUMULATE | 42/100 |
| Allegan | $282K | +3.3% | +5.2% | -0.8% | WAIT | 42/100 |
| Ann Arbor | $529K | +3.1% | +4.2% | -0.4% | WAIT | 41/100 |
| Midland | $253K | +9.2% | +5.7% | +0.3% | WAIT | 41/100 |
| Northville | $597K | +4.4% | +5.1% | +0.5% | ACCUMULATE | 41/100 |
| Owosso | $188K | +4.4% | +4.7% | -0.6% | WAIT | 41/100 |
| Mason | $280K | +2.3% | +4.5% | -0.7% | WAIT | 41/100 |
| Lansing | $170K | +1.9% | +4.6% | -1.0% | WAIT | 40/100 |
| Jackson | $192K | +2.1% | +4.0% | -1.2% | WAIT | 40/100 |
| Mount Pleasant | $229K | +6.5% | +3.9% | -1.2% | WAIT | 39/100 |
| Lapeer | $268K | +3.7% | +3.1% | -1.3% | WAIT | 39/100 |
| East Lansing | $323K | +3.4% | +5.4% | -0.6% | WAIT | 37/100 |
| Coldwater | $221K | +5.4% | +3.3% | -1.1% | WAIT | 37/100 |
| Gaylord | $263K | +3.5% | +4.3% | -2.5% | WAIT | 37/100 |
Frequently asked questions
Is now a good time to buy a home in Michigan?
As of Aug 2026, our buy-timing signal for Michigan is WAIT — the model projects prices about -4.7% lower around Feb 2028. Patience is likely to be rewarded; use the time to negotiate and arrange financing. Buy-timing score: 47/100.
Will home prices in Michigan go down in 2027?
The model projects -0.1% over the next 12 months: about $267K by Aug 2027, with an 80% range of $261K–$273K (today $267K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Michigan?
The typical (mid-tier) home value in Michigan is $267K as of Aug 2026, +3.8% year over year.
What is the cheapest time of year to buy in Michigan?
Historically, prices in Michigan run lowest in February, about 2.6% below the annual average, and highest in August.
Which areas in Michigan have the best buy-timing right now?
Highest buy-timing scores: Hamtramck (80/100, ACCUMULATE), Detroit (79/100, ACCUMULATE) and Muskegon (60/100, WAIT). Fastest-rising prices: Midland (+9.2%), Alpena (+9.2%) and Marquette (+9.1%).
Other states
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.