State Housing Market Report
Michigan Housing Market
83 counties with data ยท Updated monthly
Avg Home Value
$231,536
โฒ 4.3% year-over-year
Avg Rent/Month
$1,348
Homes For Sale
27,884
Counties
83
The Michigan housing market spans 83 counties with active market data. The average home value across Michigan is $231,536, up 4.3% year-over-year. Renters in Michigan pay an average of $1,348 per month. There are currently 27,884 homes listed for sale statewide.
The most expensive county in Michigan is Leelanau County with an average home value of $600,650 (up 0.4% YoY). The most affordable is Gogebic County at $119,192 (up 2.2% YoY). That's a $481,458 spread between the top and bottom of the market.
Michigan is appreciating faster than the national average, driven by strong demand and limited inventory in key metros. Each county report below includes historical home value charts going back to 2000, bedroom-level price breakdowns, market activity indicators, affordability analysis, and 12-month forecasts from Zillow. Click any county to explore its full market data and ZIP code breakdown.
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All Counties
Michigan Counties by Home Value
All 83 counties in Michigan ranked by average home value. Click any county to see its full market report.
Data Sources and Methodology
Market data on this page comes from the Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), updated monthly by Zillow Research. Statewide averages are computed from individual county data.
Data is refreshed on the 17th of each month.
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