Michigan Average Home Price by City (2026)

The average home price in Michigan (MI) is about $251,000 — the 2026 median, at ~$190/sq ft — 15% more affordable than the typical U.S. home.

$251,000
Michigan median value
$190
Median price / sq ft
~1,320
sq ft a median budget buys
-15%
vs U.S. median
Detroit — $88,000DetroitLansing — $171,000LansingSaginaw — $144,000SaginawGrand Rapids — $292,000Flint — $100,000FlintKalamazoo — $249,000Warren — $228,000

Shaded by price · click a city to explore. Colour = median home value.

Considering a move to Michigan?

Housing in Michigan is 15% more affordable than the national average, with a typical home around $251,000 and a local rate near $190 per square foot. Among the 27 Michigan cities we track, Bloomfield Hills is the most expensive (median $743,000) and Detroit is the most affordable (median $88,000) — so where you land in the state matters as much as the state itself.

Browse Michigan cities

Bloomfield Hills$743,000Ann Arbor$550,000Troy$480,500Traverse City$444,000Shelby Township$425,000Novi$410,000Kentwood$370,000Farmington Hills$362,000Livonia$333,000Sterling Heights$313,000Muskegon$304,000Grand Rapids$292,000Waterford$284,000Clinton Township$268,000Dearborn$249,000Kalamazoo$249,000Southfield$242,000Saint Clair Shores$234,000Warren$228,000Battle Creek$209,000Burton$188,000Jackson$173,000Lansing$171,000Saginaw$144,000Pontiac$141,000Flint$100,000Detroit$88,000

See the cheapest (and most expensive) places to live in Michigan.

Don’t see your city? Use the free Home Value Estimator for any U.S. ZIP, see the most expensive ZIP codes in America, or browse the full U.S. directory.

Salary needed to buy a home in Michigan

To buy the typical $251,000 home in Michigan with 20% down, you need a household income of roughly $68,000 a year (about $1,590 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $81,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$12,600$1,980/mo$85,000/yr
10% (+PMI)$25,100$1,890/mo$81,000/yr
20%$50,200$1,590/mo$68,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in Michigan

At about $190 per square foot, here is roughly how much home different budgets get you in Michigan:

BudgetApprox. sizeWhat that looks like locally
$150k790 sq ftbelow the local median — condos, smaller or older homes
$200k1050 sq ftbelow the local median — condos, smaller or older homes
$250k1320 sq ftaround the typical home here
$300k1580 sq ftaround the typical home here
$400k2110 sq ftabove the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Michigan so you can compare your current home against every Michigan city we track.

Michigan home prices: frequently asked

What salary do you need to buy a house in Michigan? +
For the typical $251,000 home in Michigan, a household income of about $68,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $81,000; with 5% down about $85,000.
What is the average home price in Michigan? +
The average home price in Michigan is about $251,000 as of 2026, at roughly $190 per square foot — 15% more affordable than the U.S. median of $294,000. That figure is the statewide median across the ZIP codes we track, which is what most price reports mean by the average.
What is the median home price in Michigan (MI)? +
About $251,000 in 2026. The median is the mid-point home — half of homes cost more, half less — and it is the better yardstick than a true mean, which a handful of luxury sales can drag upward. At $190/sq ft, a median budget in Michigan buys roughly 1,320 sq ft of home.
Where is Michigan most and least expensive? +
Among the 27 Michigan cities tracked here, Bloomfield Hills is the priciest (median $743,000) and Detroit is the most affordable (median $88,000). ZIP-level prices within one city vary further, so check the city page for your area.