state
Home prices in Michigan since you bought
A home in Michigan bought 10 years ago is worth about 103.5% more today if it kept pace with its state, about 7.4% a year (2016 Q2 to 2026 Q2). The figures are the federal FHFA House Price Index, quarterly, latest 2026 Q2.
Appreciation over 1, 5, 10 and 20 years
| Window | Change | Per year | $300,000 then is now | Periods |
|---|---|---|---|---|
| 1 year | +4.6% | +4.6% | $313,799 | 2025 Q2 → 2026 Q2 |
| 5 years | +45.6% | +7.8% | $436,775 | 2021 Q2 → 2026 Q2 |
| 10 years | +103.5% | +7.4% | $610,564 | 2016 Q2 → 2026 Q2 |
| 20 years | +87.6% | +3.2% | $562,710 | 2006 Q2 → 2026 Q2 |
Informational only, not an appraisal. This is the area’s average from repeat sales on conforming mortgages; it knows nothing about any particular house.
How Michigan compares
| Area | 1 yr | 5 yr | 10 yr | 20 yr |
|---|---|---|---|---|
| Michigan | +4.6% | +45.6% | +103.5% | +87.6% |
| United States | +3.0% | +41.3% | +93.3% | +93.5% |
Windows end at each series’ own latest period; the annual county and ZIP indexes end a few quarters before the quarterly state and metro ones.
What is your home worth since you bought it?
The home value since purchase calculator takes your purchase price, month, year and ZIP and applies the smallest area’s index, falling back to the state when the ZIP has no data.
Metro areas in Michigan
- Ann Arbor, MI
- Battle Creek, MI
- Bay City, MI
- Detroit-Dearborn-Livonia, MI (MSAD)
- Flint, MI
- Grand Rapids-Wyoming-Kentwood, MI
- Jackson, MI
- Kalamazoo-Portage, MI
- Lansing-East Lansing, MI
- Midland, MI
- Monroe, MI
- Muskegon-Norton Shores, MI
- Niles, MI
- Saginaw, MI
- South Bend-Mishawaka, IN-MI
- Traverse City, MI
- Warren-Troy-Farmington Hills, MI (MSAD)
Counties in Michigan
- Alcona County
- Alger County
- Allegan County
- Alpena County
- Antrim County
- Arenac County
- Baraga County
- Barry County
- Bay County
- Benzie County
- Berrien County
- Branch County
- Calhoun County
- Cass County
- Charlevoix County
- Cheboygan County
- Chippewa County
- Clare County
- Clinton County
- Crawford County
- Delta County
- Dickinson County
- Eaton County
- Emmet County
- Genesee County
- Gladwin County
- Gogebic County
- Grand Traverse County
- Gratiot County
- Hillsdale County
- Houghton County
- Huron County
- Ingham County
- Ionia County
- Iosco County
- Iron County
- Isabella County
- Jackson County
- Kalamazoo County
- Kalkaska County
- Kent County
- Keweenaw County
- Lake County
- Lapeer County
- Leelanau County
- Lenawee County
- Livingston County
- Luce County
- Mackinac County
- Macomb County
- Manistee County
- Marquette County
- Mason County
- Mecosta County
- Menominee County
- Midland County
- Missaukee County
- Monroe County
- Montcalm County
- Montmorency County
- Muskegon County
- Newaygo County
- Oakland County
- Oceana County
- Ogemaw County
- Ontonagon County
- Osceola County
- Oscoda County
- Otsego County
- Ottawa County
- Presque Isle County
- Roscommon County
- Saginaw County
- Saint Clair County
- Saint Joseph County
- Sanilac County
- Schoolcraft County
- Shiawassee County
- Tuscola County
- Van Buren County
- Washtenaw County
- Wayne County
- Wexford County
Where these figures come from
Series. FHFA HPI, traditional / all-transactions / quarterly, NSA, State MI, from the FHFA House Price Index datasets. Each change is the index at the end of the window divided by the index at its start, ending at the latest published period (2026 Q2). Per-year figures are compound annual rates. Snapshot vintage: master file through 2026 Q2.
What it leaves out. The index is estimated from repeat sales and appraisals on mortgages bought or guaranteed by Fannie Mae and Freddie Mac, so cash, jumbo, FHA and VA purchases are not in it. It tracks the area, not any house: renovations, condition and lot are invisible to it.
Data pulled 2026-09-28. FHFA publishes state and metro indexes quarterly and county and ZIP indexes annually; this page updates with each pull.