Housing in Michigan

The median home cost in Michigan is $142,100. Home appreciation the last 10 years has been 11.3%. Home Appreciation in Michigan is up 6.6%. Browse Michigan Real Estate

Average Age of Homes
- The median age of Michigan real estate is 44 years old
 $249,900 
Unknown # JI0FUE
Bed 3 | Bath 3.0 | 2121 SqFt
 $249,900 
Unknown # JI0FUE
Bed 3 | Bath 3.0 | 2121 SqFt
 $539,390 
Unknown # DLN2BW
Bed 4 | Bath 3.0 | 3423 SqFt
 $66,900 
75 Briarwood Trl # Y3RRZ4
Bed 3 | Bath 2.0 | 1404 SqFt
The Rental Market in Michigan
- Renters make up 24.0% of the Michigan population
- 15.6% of houses and apartments in Michigan, are unoccupied (vacancy rate)
- See the available apartments and rentals in Michigan
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING BY YEAR BUILT

Download .xls

  HOUSINGMichigan, MichiganUnited States
  Median Home Age4437
  Median Home Cost$142,100$216,200
  Home Appr. Last 12 months6.62%6.77%
  Home Appr. Last 5 yrs.36.45%31.12%
  Home Appr. Last 10 yrs.11.29%11.41%
  Property Tax Rate$17.10$11.89
  Homes Owned60.41%56.34%
  Housing Vacant15.55%12.45%
  Homes Rented24.04%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment$700$890
  1 Bedroom Home or Apartment$770$990
  2 Bedroom Home or Apartment$970$1,240
  3 Bedroom Home or Apartment$1,290$1,660
  4 Bedroom Home or Apartment$1,490$1,910
  VACANT HOUSING
  Vacant For Rent1.84%2.34%
  Vacant Rented0.36%0.46%
  Vacant For Sale1.40%1.20%
  Vacant Sold0.68%0.46%
  Vacant Vacation6.26%3.97%
  Vacant Other5.01%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,0006.25%4.57%
  $20,000 to $39,9996.15%3.37%
  $40,000 to $59,9997.26%4.19%
  $60,000 to $79,9999.46%5.74%
  $80,000 to $99,99910.00%6.79%
  $100,000 to $149,99919.13%15.19%
  $150,000 to $199,99915.75%14.69%
  $200,000 to $299,99914.60%18.15%
  $300,000 to $399,9995.91%10.43%
  $400,000 to $499,9992.52%5.70%
  $500,000 to $749,9991.81%6.39%
  $750,000 to $999,9990.55%2.41%
  $1,000,000 or more0.61%2.39%
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    Reviews for Michigan    106 Reviews
    small town - 4/9/2017
    Belleville MI is a small town, they have a couple good fast food places and a few small diners and such, but the cost of living is kind of ridiculous. i have a one... Read More

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    Not good - 3/8/2017
    Need to be able to see whole state and move... Read More

    Lived here my entire life...ready to move - 6/10/2016
    Ok, so I've lived in Suburbs of Michigan my entire life. Let me start with the good: -Lots of lakes big and small -Good employment opportunities in the larger... Read More


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