August 17, 2017 in Real Estate

Michigan home values

The median existing single-family home price in the Midwest rose 6.6 percent, to $204,000, in the the second quarter of 2017 compared with the the second quarter of 2016. See how your area fared.

Michigan home values

Mortgage rates | Closing costs | State tax rates

Metropolitan area Q2 2016($000s) Q2 2017($000s) Change
Ann Arbor, MI 254.2 283.8 11.6%
Detroit-Warren-Deaborn, MI N/A N/A N/A
Grand Rapids-Wyoming, MI 160.7 182.7 13.7%
Lansing-East Lansing, MI 139.2 145.6 4.6%
Saginaw, MI N/A N/A N/A
South Bend-Mishawaka, IN-MI 121.8 125.4 3.0%

Source: National Association of Realtors, Median Sales Price of Existing Single-Family Homes for Metropolitan Areas.