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Market Intelligence · MI / Muskegon County

Muskegon, MI home prices and housing market

5 ZIP markets liveData updated September 2026Typical value$258K1-yr changeUp3.3%

The typical home value in Muskegon, MI is $258K as of September 2026, up 3.3% from a year ago, based on the Zillow Home Value Index. In the typical Muskegon ZIP code, the median list price is $349K and homes spend a median of 51 days on market as of September 2026 (Realtor.com).

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The coverage

Muskegon, by the numbers.

Typical home valueZillow ZHVI, September 2026
$258K
1-yr changeMedian across Muskegon ZIPs
+3.3%
ZIP markets live6 tracked in Muskegon
5
County
Muskegon County

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12-month value trend

+3.3% over 12 months

Typical home value in Muskegon over the last 12 months: $250K in Sep 2025 to $258K in Sep 2026 (+3.3%).

Sep 2025$250K

Sep 2026$258K

Median Zillow home value index across Muskegon's ZIP codes.

Context

Muskegon's housing market shows modest growth amid moderate inventory. The typical home value reached $258,047 as of September 2026, up 3.3% over the past year. There were 397 homes for sale with a median list price of $349,225. New listings totaled 164, while the median time on market was 51 days. About 25.6% of listings carried a price cut. For homeowners weighing a sale, conditions are steady but not rushed, with reasonable inventory and moderate seller competition.

The numbers

What is the housing market like in Muskegon, MI?

Typical home value

$258K

Up3.3%YoY

Median list price

$349K

Days on market

51

Homes for sale

397

Price cuts

25.6%

New listings

164

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Muskegon's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Muskegon, MI home prices over time

Typical home values in Muskegon, MI are up 3.3% over the past year, from $250K in September 2025 to $258K in September 2026.

Typical home value in Muskegon, MI, September of each year
MonthTypical value1-yr change
September 2026$258,047+3.3%
September 2025$249,705No prior year

Typical value is the median Zillow Home Value Index across Muskegon ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Muskegon, MI a buyer's or seller's market?

Muskegon, MI leans toward a buyer's market.

A large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 51 days on market and 26% of listings with a price cut in the typical Muskegon ZIP code, and 164 new listings against 397 active listings across Muskegon, as of September 2026 (Realtor.com).

The outlook

Muskegon 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 5 Muskegon ZIP codes, points to typical home values rising 2.6% by September 2027.

Over the 12 months through September 2026, typical home values in Muskegon rose 3.3%, per the Zillow Home Value Index.

Will home prices drop in Muskegon?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Muskegon shows typical home values rising 2.6% by September 2027, after a 3.3% 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). 5 Muskegon 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.

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The markets

Which Muskegon ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 6 Muskegon ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Muskegon, MI home prices.

What is the typical home value in Muskegon?

The typical home value in Muskegon is $258,047 as of September 2026, representing a 3.3% increase over the past year.

How long do homes typically stay on the market in Muskegon?

Homes in Muskegon spend a median of 51 days on the market as of September 2026.

How much inventory is currently available in Muskegon?

There are 397 homes for sale in Muskegon as of September 2026, with 164 new listings and 25.6% of active listings showing price reductions.

Are home prices going up or down in Muskegon, MI?

Typical home values in Muskegon, MI are up 3.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Muskegon, MI a buyer's or seller's market?

Muskegon, MI leans toward a buyer's market. A large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 51 days on market and 26% of listings with a price cut in the typical Muskegon ZIP code, and 164 new listings against 397 active listings across Muskegon, as of September 2026 (Realtor.com).

Nearby markets

More Michigan housing markets.

The market is moving

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