Michigan: Median Home Value Trend
How Michigan's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$136,400
2023
$217,600
Total change
+$81,200
% change
+59.5%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $136,400 | — |
| 2019 | $154,900 | +$18,500 (13.6%) |
| 2020 | — | — |
| 2021 | $172,100 | — |
| 2022 | $201,100 | +$29,000 (16.9%) |
| 2023 | $217,600 | +$16,500 (8.2%) |