Featuring Property Focus AI™
Michigan Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Michigan saw 121,639 residential properties sold. As of June 2025, the median price for a single-family home is $220,000, with a median AVM value of $268,000 for properties sold in the last year.
There are 186,302 involuntary liens on 130,443 properties, 3,172 in pre-foreclosure, and 2,991,393 properties with more than 50% equity in Michigan. The market also includes 2,002,800 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
3,816,706
Total Home Sales
121,639 12 mo. trend
Median Home Price
$220,00012 mo. trend
Average Loan-to-Value
20.26%
Current Pre-foreclosures
3,172
% of Properties in Distress
0.08%
Total Involuntary Liens
186,302
% of High Equity Homes
78.38%
Michigan Real Estate Markets
The cities and zip codes listed below represent the highest-value real estate markets in Michigan based strictly on median home sale prices. Leading markets include Lake Angelus ($1,854,000), Superior Township ($1,294,500), 49654 ($1,288,000), and 49434 ($1,189,500), which consistently rank among the state's highest value residential areas over the past 12 months. These locations showcase the top-tier property markets across Michigan. Search other nearby counties to discover their top markets.