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Michigan Real Estate & Property Data

Michigan Real Estate Market Trends
Last Updated: January 10, 2026

Get access to Michigan real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 142,416 residential properties sold in the Michigan real estate market over the past 12 months. As of November 2025, the median home price in MI on single-family homes is $280,000. The median single-family home value for properties over the last 12 months is $271,440. Currently, the State of Michigan has 822 properties in foreclosure and 141 REOs (real estate bank owned).

See how easy it is to locate target properties in MI, build bespoke property reports, and create marketing lists from ATTOM’s Michigan real estate data.

Michigan Real Estate Market Trends
Get property data for any address in Michigan or the country:
Total Residential Properties 3,855,365
Total Commercial Properties 306,007
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,590
Total 2026 Residential Sales (year-to-date) N/A
% of Homes Seriously Underwater (Q1 2026) 0.84%
Total 2025 Residential Sales 124,535
% of Equity Rich Homes (Q1 2026) 32.42%
Effective 2025 Property Tax 1.06%
Total Foreclosure Filings (year-to-date) N/A
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Michigan Real Estate Overview

There were 142,416 residential properties sold in the past year in Michigan. The median home value in Michigan is $271,440. There are a total of 3,855,365 residential properties in the MI.

Median Sales Price i
$280,000
(Oct 2025)
+9.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 $280,000
  • September '25 Sep '25 $274,000
  • August '25 Aug '25 $275,000
  • July '25 Jul '25 $283,000
  • June '25 Jun '25 $275,000
  • May '25 May '25 $265,000
  • April '25 Apr '25 $245,000
  • March '25 Mar '25 $249,000
  • February '25 Feb '25 $242,100
  • January '25 Jan '25 $237,500
  • December '24 Dec '24 $250,000
  • November '24 Nov '24 $254,000
Median Down Payment i
$32,225
(Oct 2025)
+15.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 $32,225
  • September '25 Sep '25 $30,000
  • August '25 Aug '25 $30,750
  • July '25 Jul '25 $33,000
  • June '25 Jun '25 $30,000
  • May '25 May '25 $27,800
  • April '25 Apr '25 $23,400
  • March '25 Mar '25 $23,500
  • February '25 Feb '25 $23,000
  • January '25 Jan '25 $23,000
  • December '24 Dec '24 $27,000
  • November '24 Nov '24 $26,500
Number of Homes Sold i
10,734
(Oct 2025)
-15.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 10,734
  • September '25 Sep '25 12,271
  • August '25 Aug '25 12,233
  • July '25 Jul '25 13,572
  • June '25 Jun '25 12,472
  • May '25 May '25 11,802
  • April '25 Apr '25 10,437
  • March '25 Mar '25 9,181
  • February '25 Feb '25 7,843
  • January '25 Jan '25 9,356
  • December '24 Dec '24 9,640
  • November '24 Nov '24 10,112
Number of Purchase Loans i
7,814
(Oct 2025)
-18.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 7,814
  • September '25 Sep '25 8,858
  • August '25 Aug '25 8,759
  • July '25 Jul '25 9,958
  • June '25 Jun '25 9,149
  • May '25 May '25 8,956
  • April '25 Apr '25 7,855
  • March '25 Mar '25 6,824
  • February '25 Feb '25 5,634
  • January '25 Jan '25 6,943
  • December '24 Dec '24 7,413
  • November '24 Nov '24 7,536
Number of REFI Loans i
9,104
(Oct 2025)
-2.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 9,104
  • September '25 Sep '25 8,702
  • August '25 Aug '25 8,050
  • July '25 Jul '25 8,156
  • June '25 Jun '25 7,056
  • May '25 May '25 7,375
  • April '25 Apr '25 7,735
  • March '25 Mar '25 6,351
  • February '25 Feb '25 5,505
  • January '25 Jan '25 6,714
  • December '24 Dec '24 6,383
  • November '24 Nov '24 7,028
Number of HELOC Loans i
4,157
(Oct 2025)
+0.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 4,157
  • September '25 Sep '25 4,412
  • August '25 Aug '25 4,436
  • July '25 Jul '25 4,881
  • June '25 Jun '25 4,207
  • May '25 May '25 4,441
  • April '25 Apr '25 4,185
  • March '25 Mar '25 3,593
  • February '25 Feb '25 3,033
  • January '25 Jan '25 3,155
  • December '24 Dec '24 3,260
  • November '24 Nov '24 3,212

Michigan Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

Michigan Foreclosure Activity

There were a total of 822 Michigan properties with a foreclosure filing in October 2025. Lenders started the foreclosure process on 822 Michigan properties and repossessed 141 Michigan properties through completed foreclosures (REOs) in October 2025.

Total Foreclosure Filings i
822
(Oct 2025)
-20.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 822
  • September '25 Sep '25 951
  • August '25 Aug '25 681
  • July '25 Jul '25 772
  • June '25 Jun '25 740
  • May '25 May '25 948
  • April '25 Apr '25 988
  • March '25 Mar '25 939
  • February '25 Feb '25 876
  • January '25 Jan '25 908
  • December '24 Dec '24 818
  • November '24 Nov '24 714
Foreclosure Starts i
822
(Oct 2025)
-20.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 822
  • September '25 Sep '25 951
  • August '25 Aug '25 681
  • July '25 Jul '25 772
  • June '25 Jun '25 740
  • May '25 May '25 948
  • April '25 Apr '25 988
  • March '25 Mar '25 939
  • February '25 Feb '25 876
  • January '25 Jan '25 908
  • December '24 Dec '24 818
  • November '24 Nov '24 714
Completed Foreclosures (REOs) i
141
(Oct 2025)
+5.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '25 Oct '25 141
  • September '25 Sep '25 139
  • August '25 Aug '25 186
  • July '25 Jul '25 236
  • June '25 Jun '25 185
  • May '25 May '25 236
  • April '25 Apr '25 174
  • March '25 Mar '25 215
  • February '25 Feb '25 200
  • January '25 Jan '25 250
  • December '24 Dec '24 352
  • November '24 Nov '24 152
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