US housing market report · June 2026
The state of the Michigan housing market.
Median home value and city-by-city trends across Michigan, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.
Michigan median value
$247K
Zillow ZHVI, June 2026
Cities covered
12
with published pages
Report video
Monthly
per city, on each hub
12-month outlook · data through June 2026
Where are Michigan home values headed?
Current typical value
$247,122
Zillow ZHVI median, June 2026
Past 12 months
+6.4%
change in the median
12 months out
$265,000
if the recent trend continues
Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.
Where values are climbing
Fastest appreciating Michigan cities
- $172KUp6.1%
- $375KUp4.6%
- $350KUp4.4%
- $232KUp4.3%
- $261KUp3.5%
- $80KUp3.2%
- 7Troy$489KUp3.2%
- $554KUp2.8%
- $337KUp2.7%
- $445KUp2.4%
Where the market is cooling
Fastest cooling Michigan cities
- $171KDown1.3%
- $91KUp0.4%
- $445KUp2.4%
- $337KUp2.7%
- $554KUp2.8%
- 6Troy$489KUp3.2%
- $80KUp3.2%
- $261KUp3.5%
- $232KUp4.3%
- $350KUp4.4%
Priciest markets in the state
Most expensive Michigan cities by median value
Common questions
What people ask us.
Methodology & attribution
Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Michigan, as of June 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Michigan market index.