2026 Market Report & Data · Data through September 2026 · Source: Redfin
$289K
Median Price
34
Days on Market
3.1
Months Supply
+7.1%
YoY Change
Balanced Market
Market Type
73
cities with 6+ months supply
165
cities with 3-6 months supply
251
cities with <3 months supply
Ranked by lowest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Burlington | $18K | 84d |
| 2. Sherwood | $40K | 102d |
| 3. Rosebush | $42K | 72d |
| 4. Buena Vista | $56K | 45d |
| 5. Ahmeek | $60K | 56d |
| 6. Beal City | $65K | 20d |
| 7. Beecher | $65K | 53d |
| 8. Flint | $66K | 36d |
| 9. Mesick | $68K | 176d |
| 10. Loomis | $73K | 11d |
Ranked by highest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Glen Arbor | $3.79M | 2d |
| 2. Orchard Lake Village | $2.85M | 48d |
| 3. Omena | $2.30M | 16d |
| 4. Grand Beach | $2.20M | 109d |
| 5. Lake Angelus | $1.51M | 3d |
| 6. Leland | $1.27M | 53d |
| 7. Barton Hills | $1.25M | 90d |
| 8. Bloomfield Hills | $1.22M | 25d |
| 9. Birmingham | $1.07M | 29d |
| 10. Franklin | $899K | 28d |
73 cities have more than 6 months of inventory — buyers can negotiate.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Suttons Bay | 54.6 mo | $850K | 8d |
| 2. Fife Lake | 19.3 mo | $147K | 48d |
| 3. Glen Arbor | 19.3 mo | $3.79M | 2d |
| 4. Schoolcraft | 19.3 mo | $162K | 23d |
| 5. Beulah | 16.1 mo | $363K | 43d |
| 6. Michiana | 16.1 mo | $719K | 70d |
| 7. Michigamme | 16.1 mo | $185K | 52d |
| 8. Frankfort | 13.9 mo | $618K | 45d |
| 9. Benton Heights | 12.9 mo | $109K | 119d |
| 10. North Adams | 12.9 mo | $200K | 37d |
251 cities have less than 3 months of inventory — sellers have the advantage.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Birch Run | 0.5 mo | $260K | 29d |
| 2. Hemlock | 0.5 mo | $210K | 31d |
| 3. North Branch | 0.5 mo | $212K | 28d |
| 4. Ovid | 0.5 mo | $154K | 66d |
| 5. Pinckney | 0.5 mo | $340K | 8d |
| 6. Burt | 0.6 mo | $230K | 10d |
| 7. Edwardsburg | 0.6 mo | $292K | 30d |
| 8. Hopkins | 0.6 mo | $280K | 40d |
| 9. Hudsonville | 0.6 mo | $375K | 7d |
| 10. Maple Rapids | 0.6 mo | $149K | 11d |
Cities where homes sell fastest, ranked by lowest median days on market.
| City | Days on Market | Median Price |
|---|---|---|
| 1. Glen Arbor | 2d | $3.79M |
| 2. Lake Ann | 2d | $515K |
| 3. Lyons | 2d | $185K |
| 4. Casnovia | 3d | $255K |
| 5. Hermansville | 3d | $220K |
| 6. Lake Angelus | 3d | $1.51M |
| 7. Columbiaville | 4d | $650K |
| 8. Fulton | 4d | $109K |
| 9. Robin Glen-Indiantown | 4d | $230K |
| 10. Scotts | 4d | $220K |
Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Crystal Mountain | +88.2% | $536K |
| 2. Beechwood | +79.9% | $585K |
| 3. Lake Isabella | +76.7% | $389K |
| 4. Paw Paw Lake | +59.1% | $525K |
| 5. Ferrysburg | +52.0% | $456K |
| 6. Grosse Pointe Park | +49.4% | $657K |
| 7. Beecher | +44.4% | $65K |
| 8. Village of Clarkston | +41.7% | $645K |
| 9. Webberville | +40.8% | $232K |
| 10. Blissfield | +39.3% | $237K |
Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Shorewood-Tower Hills-Harbert | -40.0% | $480K |
| 2. Bridgman | -38.4% | $262K |
| 3. Lake Odessa | -37.7% | $198K |
| 4. Rapid City | -37.6% | $463K |
| 5. Buena Vista | -37.3% | $56K |
| 6. Colon | -37.0% | $115K |
| 7. New Buffalo | -33.1% | $495K |
| 8. Zilwaukee | -28.4% | $107K |
| 9. Auburn | -27.6% | $181K |
| 10. Chesaning | -27.0% | $126K |
The Michigan housing market currently shows balanced market conditions, with a median sale price of $289K and 3.1 months of inventory supply. Homes in Michigan typically sell in 34 days.
Whether you're buying or selling in Michigan, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Michigan provides expert guidance tailored to your specific city and neighborhood.
Michigan is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.
The median home price in Michigan is approximately $289K as of September 2026. Prices range significantly across the state, with Glen Arbor among the most expensive areas and Burlington offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.
Selling timelines in Michigan vary by city and market conditions. The fastest-selling markets include Glen Arbor with a median of 2 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.
Whether to buy in Michigan depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.
Start by researching agents with proven experience in your target Michigan market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Michigan to help you find the right match.