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Data report · September 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

$241K

Zillow ZHVI, September 2026

Cities covered

39

with published pages

Report video

Monthly

per city, on each hub

The outlook

Michigan housing market forecast 2027

+2.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 714 Michigan ZIP codes, points to typical home values rising 2.6% by September 2027.

Over the 12 months through September 2026, typical home values in Michigan rose 5.6%, per the Zillow Home Value Index.

Will home prices drop in Michigan?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Michigan shows typical home values rising 2.6% by September 2027, after a 5.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 714 Michigan ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

Metro areas

Which Michigan metro areas does Zillow expect to rise or fall?

Zillow's 12-month home value forecast for each metro area whose principal city is in Michigan, through September 2027, largest first.

  1. 1Detroit, MI+1.8%
  2. 2Grand Rapids, MI+3.3%
  3. 3Lansing, MI+3.1%
  4. 4Flint, MI+3.3%
  5. 5Ann Arbor, MI+2.4%
  6. 6Kalamazoo, MI+2.3%
  7. 7Saginaw, MI+5.1%
  8. 8Muskegon, MI+2.7%
  9. 9Jackson, MI+2.5%
  10. 10Niles, MI+4.3%
  11. 11Monroe, MI+3.8%
  12. 12Traverse City, MI+3.6%
  13. 13Battle Creek, MI+3.2%
  14. 14Holland, MI+3.7%
  15. 15Bay City, MI+4.8%
  16. 16Adrian, MI+3.0%
  17. 17Midland, MI+3.2%
  18. 18Marquette, MI+3.4%
  19. 19Mount Pleasant, MI+2.0%
  20. 20Sturgis, MI+2.3%
  21. 21Cadillac, MI+6.2%
  22. 22Hillsdale, MI+2.5%
  23. 23Coldwater, MI+3.0%
  24. 24Alma, MI+2.1%
  25. 25Big Rapids, MI+3.0%
  26. 26Houghton, MI+2.8%
  27. 27Sault Ste. Marie, MI+4.6%
  28. 28Escanaba, MI+7.3%
  29. 29Iron Mountain, MI+3.6%
  30. 30Ludington, MI+1.0%
  31. 31Alpena, MI+5.3%

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Where values are climbing

Fastest appreciating Michigan cities

  1. 1Ithaca
    $196KUp6.7%
  2. 2St. Joseph
    $339KUp5.7%
  3. 3Kalamazoo
    $222KUp5.2%
  4. 4Grand Rapids
    $342KUp5.0%
  5. 5Holland
    $370KUp4.6%
  6. 6Bloomfield Hills
    $730KUp4.2%
  7. 7Saginaw
    $143KUp4.2%
  8. 8Lansing
    $166KUp4.0%
  9. 9Grand Blanc
    $295KUp3.6%
  10. 10West Bloomfield
    $477KUp3.6%

Where the market is cooling

Fastest cooling Michigan cities

  1. 1Highland Park
    $60KDown6.6%
  2. 2Hazel Park
    $154KDown3.4%
  3. 3Detroit
    $87KDown2.1%
  4. 4Norway
    $163KDown1.3%
  5. 5Ypsilanti
    $282KDown0.7%
  6. 6Warren
    $219KDown0.2%
  7. 7Sterling Heights
    $304KUp0.6%
  8. 8Southfield
    $245KUp1.0%
  9. 9Lincoln Park
    $151KUp1.0%
  10. 10Pontiac
    $136KUp1.3%

Priciest markets in the state

Most expensive Michigan cities by median value

  1. 1Bloomfield Hills
    $730K
  2. 2Ann Arbor
    $531K
  3. 3Oxford
    $489K
  4. 4West Bloomfield
    $477K
  5. 5Troy
    $467K
  6. 6Clarkston
    $437K
  7. 7Traverse City
    $437K
  8. 8Utica
    $413K
  9. 9Novi
    $399K
  10. 10Lake Orion
    $395K

Common questions

What people ask us.

Will home prices go up in Michigan in 2027?

A weighted average of Zillow's ZIP forecasts, across 714 Michigan ZIP codes, points to typical home values rising 2.6% by September 2027. Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

What is the typical home value in Michigan?

The typical home value in Michigan is $241,156 as of September 2026, the median Zillow Home Value Index across ZIP codes in the state.

How much have Michigan home values changed in the past year?

The median home value in Michigan changed +5.6% over the 12 months ending September 2026, based on the Zillow Home Value Index.

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Michigan, as of September 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.