Cities with the most expensive homes in Michigan
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in Michigan using data from . Cities are ranked by the Zillow Home Values Index for all homes as of February 2026. The charts in this story were created automatically using .
Metros with the most cities in the top 30 in Michigan
#1. Detroit-Warren-Dearborn, MI: 13
#2. Traverse City, MI: 7
#3. Niles, MI: 4
#4. Holland, MI: 2
#5. Ann Arbor, MI: 1
#5. Grand Rapids-Kentwood, MI: 1
